On January 2,2018,AAA Publishing,Inc

Multiple Choice

On January 2,2018,AAA Publishing,Inc.received a one-year subscription for $100 to one of the magazines that it publishes.At that time,it debited cash for $100 and credited Deferred Revenue for $100.After all the magazines have been delivered through December 31,2018,what journal entry needs to be recorded?

A) Debit Cash for $100 and credit Deferred Revenue for $100
B) Debit Accounts Receivable for $100 and credit Subscription Revenue for $100
C) Debit Accounts Receivable for $100 and credit Deferred Revenue for $100
D) Debit Deferred Revenue for $100 and credit Subscription Revenue for $100