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A magazine publisher has an account called "unearned subscription revenue". The transaction that causes the balance of this account to decrease is:

A. cash is received from new subscribers.

B. magazines are printed for the publisher.

C. magazines are mailed to subscribers.

D. subscriptions are sold to new subscribers.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M948699

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