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Ski Quarterly Typically Sells Subscriptions on an Annual Basis, and Publishes

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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 CHF20 each. What entry is made in January to record the sale of the subscriptions? 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 CHF20 each. What entry is made in January to record the sale of the subscriptions?

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