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TransWorld Publishing completed the following transactions for one subscriber during 2018 o (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 credits. Exclude explanations from journal entries.) Start by journalizing the October 1st transaction. Recall TransWorld Publishing sold a one-year subscription, collecting cash of $2,300, plus sales tax of 12%. Journal Entry Date Accounts Debit Credit Oct More Info Oct 1 Sold a one-year subscription, collecting cash of $2,300, plus sales tax of 12%. 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