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Advance Payments for Goods The Chicago Daily Times Corporation (CDT) publishes a daily newspaper. A 52 week Subscription sells for $408. Assume that CDT seils

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Advance Payments for Goods The Chicago Daily Times Corporation (CDT) publishes a daily newspaper. A 52 week Subscription sells for $408. Assume that CDT seils 100 subscriptions on January 1. None of the subscriptions are cancelled as of March 31 a. Prepare a journal entry to record the receipt of the subscriptions on January 1, b. Prepare a journal entry to record one week of earned revenue on March 25. Round all answers to the nearest dollar. Support General Journal Date Debit Credit General Journal Description Credit to record subscription revenue and Please answer all parts of the question Previous Save Answers Next Prepare a journal entry to record the Prepare a journal entry to record one und all answers to the nearest dollar. General Journal Description an. Cash Unearned Subscription Revenue Subscription Revenue Date Mar 25 General Journal Description To record subscription revenue earned

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