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3 i More Info Oct 1 re Sold a one-year subscription, collecting cash of $1,500, plus sales tax of 4%. The subscription will begin on

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3 i More Info Oct 1 re Sold a one-year subscription, collecting cash of $1,500, plus sales tax of 4%. The subscription will begin on October 1. Remitted (paid) the sales tax to the state of Nebraska. Made the necessary adjustment at year-end. Nov 15 Dec 31 Print Done amount of subscription revenue earned during the year. Trevor Publishing completed the following transactions for one subscriber during 2018 Click the icon to view the transactions) Requirement 1. Journalize these transactions (explanations not required). Then report any liability on the company's balance sheet at December 31, 2018. (Record debits first, then crec Nov 15 Make the necessary adjustment at year-end, December 31, to record the amount of subscription revenue eamed during the year. Journal Entry Accounts Debit Credit Date Dec 31 Report the ability on the company's balance sheet at December 31, 2018. (If a box is not used in the table leave the box omply do not select a label or enter a zero.) Balance Sheet (partial) Account Amount Choose from any list or enter any number in the input fields and then continue to the next

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