TJWest,publishes the Bunstelle Times $\begin{array}{lcc}\text { Cash } & 8.00 & \\\quad \text { Subscription Revenue } & & 8.00 \\\end{array}$

Multiple Choice

T.J.West,publishes the Bunstelle Times.In June,he collected $96 in advance for 1-year subscriptions.He delivered the first issue in July.Assume one issue is published per month.The journal entry to record the delivery of the magazines in July would be

A) $\begin{array}{lcc}\text { Cash } & 8.00 & \\\quad \text { Subscription Revenue } & & 8.00 \\\end{array}$

B) $\begin{array}{lccc}\text { Unearned Subscription Revenue } & 8.00 & \\\quad \text { Subscription Revenue } & & 8.00 \\\end{array}$

C) $\begin{array}{lccc}\text { Prepaid Subscriptions } & 8.00 & \\\quad \text { Subscription Revenue } & & 8.00\\\end{array}$

D) $\begin{array}{lccc}\text { Prepaid Stibscriptions } & 8.00 & \\\quad\text { Cash } & &8.00 \\\end{array}$

E) $\begin{array}{lccc}\text { Cash } & 8.00 & \\\quad\text { Prepaid Stibscriptions } & &8.00 \\\end{array}$