Business, 09.03.2020 20:15, karlamiddleschool

A company receives $360 for a 12-month trade magazine subscription on August 1. The adjusting entry on December 31 is a debit to Unearned Subscription Revenue, $150, and a credit to Subscription Revenue, $150.True / False.

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A company receives $360 for a 12-month trade magazine subscription on August 1. The adjusting entry...