a-3. Record the journal entry to show the effect of subscription fees recelved in advance and Subscription revenue eamed during August 2016. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Required Information Record subscription revenue eamed from delivering magazines. Problem 7-26 Unearned revenues-subscription fees LO3 Note: Enter debits berore credits. The foilowing ifoation appies to the questions displayed beiow.J Event General Journal DebitCredit carned subscription revenuC Evans Ltd. publishes a monthly newsletter for retall marketing managers and requires ts subscrlbers to pay $45 In advance for a one-year subscripton During the month of August 2016, Evans Ltd. sold 210 one year subscriptions and recelved payments in acvance trom all new subscribers. Only 56 of the new subscribers paid their fees in time to reive he August newsletter, the other subscriptions began with the September newsletter riplion reveiue Record entry Clear entry Vlew general journal