Pages,Inc.receives subscription payments for annual (one year)subscriptions to its magazine.Payments are recorded as revenue when received.Amounts received but unearned at the end of each of the last three years are shown below.

Pages failed to record the unearned revenues in each of the three years.The entry needed to correct the above errors is

Question

Pages,Inc.receives subscription payments for annual (one year)subscriptions to its magazine.Payments are recorded as revenue when received.Amounts received but unearned at the end of each of the last three years are shown below.

Pages failed to record the unearned revenues in each of the three years.The entry needed to correct the above errors is
Pages,Inc.receives subscription payments for annual (one year)subscriptions to its magazine.Payments are recorded as revenue when received.Amounts received but unearned at the end of each of the last three years are shown below. Pages failed to record the unearned revenues in each of the three years.The entry needed to correct the above errors is

Pages failed to record the unearned revenues in each of the three years.The entry needed to correct the above errors is

Quizplus · Accepted Answer

The Answer of Pages,Inc.receives subscription payments for annual (one year)subscriptions to its magazine.Payments are recorded as revenue when received.Amounts received but unearned at the end of each of the last three years are shown below.

Pages failed to record the unearned revenues in each of the three years.The entry needed to correct the above errors is

Pages,IncReceives Subscription Payments for Annual (One Year)subscriptions to Its Magazine