An increase in expected future income

a. increases the supply of loanable funds today because households with larger expected future income will save more today

b. increases the supply of loanable funds because it increases wealth

c. has no effect on the supply of loanable funds

d. decreases the supply of loanable funds today because households with larger expected future income will save less today

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?