on october 1, 20x1, paige turner publishing received $52,200 in cash for monthly subscriptions covering one year, recording the entry as a debit to cash and a credit to unearned subscriptions. the correct adjusting entry at december 31, 20x1, is multiple choice debit subscriptions income $13,050; credit unearned subscriptions $13,050. debit unearned subscriptions $52,200; credit subscriptions income $52,200. debit unearned subscriptions $13,050; credit subscriptions income $13,050. debit unearned subscriptions $4,350; credit subscriptions income $4,350.
