If a Company Has Advance Subscription Sales Totaling $45,000 for the Upcoming

Multiple Choice

If a company has advance subscription sales totaling $45,000 for the upcoming year when four quarterly journals will mailed to customers, the receipt of cash would be journalized as:

A) Debit Cash $45,000, credit Sales $45,000.
B) Debit Sales $45,000, credit Unearned Revenue $45,000.
C) Debit Prepaid Subscriptions $45,000, credit Sales $45,000.
D) Debit Unearned Revenue $45,000; credit Sales $45,000.
E) Debit Cash $45,000; credit Unearned Revenue $45,000.