Brief Exercise 256 Better Publications, sold annual subscriptions to their magazine for $42,000 in December, 2016. The magazine is published monthly. The new subscribers received their first magazine in January, 2017 What adjusting entry should be made in January if the subscriptions were originally recorded as a liability? Date Account Titles and Explanation Credit Jan. 31 Unearned Sales Revenue SHOW LIST OF ACCOUNTS What amount will be reported on the January 2017 balance sheet for Unearned Subscription Revenue? Unearned Sales Revenue at January 31 SHOW LIST OF ACCOUNTS