ACCT 203 C S2020 (Schartz) Kale Homework: Chapter 11 Homework Score: 0 of 3 pts 1 of 4 (0 complete) 511-3 (similar to) On August 1, Cooking Fun Magazine collected cash of $60,000 on future annual subscriptions starting on September 1. Requirements 1. Journalize the transaction to record the collection of cash on August 1. 2. Journalize the transaction required at December 31, the magazine's year-end, assuming no revenue eamed has been whole dollar.) Requirement 1. Journalize the transaction to record the collection of cash on August 1. (Record debits first, then credits. S journal entry table.) Date Accounts and Explanation Debit Crec Aug. 1 Choose from any list or enter any number in the input fields and then click Check Answer. 1 part Clear All I remaining