Kay runs a business and her target customer population is the twenty– to forty–five–year–olds. because she wants her employees to be “in tune” with the younger crowd, she requires all of her front staff to quit or retire from her company at the age of fifty. this

On april 1, santa fe, inc. paid griffith publishing company $2,448 for 36-month subscriptions to several different magazines. santa fe debited the prepayment to a prepaid subscriptions account, and the subscriptions started immediately. what amount should appear in the prepaid subscription account for santa fe, inc. after adjustments on december 31 of the first year assuming the company is using a calendar-year reporting period and no previous adjustment has been made?