Business, 26.02.2020 00:20 helooo2

Better Publications sold annual subscriptions to their magazine for $42,000 in December, 2016. The magazine is published monthly. The new subscribers received their first magazine in January, 2017. What adjustment should be made in January if the subscriptions were originally recorded as a liability?

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Better Publications sold annual subscriptions to their magazine for $42,000 in December, 2016. The m...