On December 31,the Balance in the Prepaid Subscription Account Was

question 87

Multiple Choice

On December 31,the balance in the Prepaid Subscription account was $648.This is the remaining balance of a 12-month subscription purchased on September 30 in the current year.How much did this subscription originally cost?

• A)$72
• B)$648
• C)$7,776
• D)$864
• E)$1,512

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