Business, 03.07.2019 20:10 freepao

On april 1, griffith publishing company received $1,548 from santa fe, inc. for 36-month subscriptions to several different magazines. the company credited unearned fees for the amount received and the subscriptions started immediately. assuming adjustments are only made at year-end, what is the adjusting entry that should be recorded by griffith publishing company on december 31 of the second year?

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