Use the Following Information for Questions

Use the following information for questions
Ski Quarterly typically sells subscriptions on an annual basis, and publishes four times a year in January, April, July and October.The magazine sells 70,000 subscriptions in January at CHF16 each.
-If Ski Quarterly publishes a quarterly financial statement at March 31, the adjusting journal entry to recognize revenue earned will include:

A) a debit to Cash for CHF373,333.
B) a debit to Subscription Revenue for CHF373,333
C) a debit to Unearned Subscription Revenue for CHF280,000.
D) a credit to Prepaid Subscriptions for CHF280,000.