Question: LO 1 2 . 2 A client pays cash in advance for a magazine subscription to Living Daily. Living Daily has yet to provide the

LO12.2A client pays cash in advance for a magazine subscription toLiving Daily.Living Dailyhas yet to provide the magazine to the client. What accounts wouldLiving Dailyuse to recognize this advance payment?
unearned subscription revenue, cash
cash, subscription revenue
subscription revenue, unearned subscription revenue
unearned subscription revenue, subscription revenue, cash

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