5 points Saved On 1st june, 2020, readers of Goodnews magazine got a total 20.00 subscriptions for the magazine and 80% of the cash was paid immediately while 20% was paid at the end of June. This subscription covers a period of 10 months. (5 Marks) Required A Prepare the company's journal records for 1st June, 2020 and end of June, 2020. (1 mark B Prepare the adjusting entries for 31st December, 2020. (1 mark) C Give two reasons the company should not credit subscription money to revenue accounts before expiry of the subscription. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Al Paragraph Arial 3 14px x X, The () +] A I x r "