Better publications sold annual subscriptions to their


Better Publications, sold annual subscriptions to their magazine for $42,000 in December, 2013. The magazine is published monthly. The new subscribers received their first magazine in January, 2014. Collapse question part (a) What adjusting entry should be made in January if the subscriptions were originally recorded as a liability?

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Financial Accounting: Better publications sold annual subscriptions to their
Reference No:- TGS01151427

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