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Awesome Company sold 15,000 annual subscriptions on August 1, 2019, for $20 each. Prepare Awesome's August 1, 2019, journal entry and the December 31, 2019,

Awesome Company sold 15,000 annual subscriptions on August 1, 2019, for $20 each. Prepare Awesome's August 1, 2019, journal entry and the December 31, 2019, annual adjusting entry, assuming the magazines are published and delivered monthly.

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