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What adjusting entry should be made on december

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Reference no: EM132700402

Basic Company's unadjusted trial balance for the year ended December 31, 2019 showed an Unearned Subscription Revenue account of P6,000. This balance was related to a one year subscription that started on October 1, 2019.

Problem 1: What adjusting entry should be made on 12.31.19?

A. Accounts Receivable
B. Unearned Subscription
c.RevenueSubscription Revenue
D. Cash

Reference no: EM132700402

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