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Computing Magazine Receives $100 in Advance from a Customer for a 2

Question 9

Multiple Choice

Computing Magazine receives $100 in advance from a customer for a 2 year subscription. Computing Magazine's entry to record this transaction would include a:


A) debit to Subscription Revenue for $100.
B) credit to Subscription Revenue for $100.
C) debit to Unearned Subscription Revenue for $100.
D) credit to Unearned Subscription Revenue for $100.

Correct Answer:

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