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PT. Papaya publishes a fashion Time magazine called Jambu Trends. The price paid to...

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Accounting

PT. Papaya publishes a fashion Time magazine called Jambu Trends. The price paid to subscribe to the magazine is $90 per year. During April 2023, PT. Papaya succeeded in getting 25,000 customers who ordered the monthly magazine by publishing the magazine for the first time in May 2023. PT. Papaya publishes financial reports every six months and recognizes subscription revenue at the end of each semester. The first semester falls on June 30, so how much unearned subscription revenue is recognized by PT. Papaya on June 30 2023 regarding the April sales?

a. 2.250.000

b. 375.000

c. 1,875.000

Od. 750.000

e. 1.500.000

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