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CALCULATOR PULL SCREEN PRINTER VERSION BACK NEXT F Exercise 10-5 (Part Level Submission) Novak Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the

CALCULATOR PULL SCREEN PRINTER VERSION BACK NEXT F Exercise 10-5 (Part Level Submission) Novak Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $27 per year. During November 2019, Novak sells 15,300 subscriptions beginning with the December issue. Novak prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue.. (1) Your answer is correct. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Nov. 30 Cash Debit Credit 413100 413100 Unearned Subscription Revenue Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER Weygandt, Financial Accounting, 10e actice Assignment nment Gradebook ORION Downloadable eTextbook SHOW LIST OF ACCOUNTS SHOW SOLUTION SHOW ANSWER LINK TO TEXT (b) Paused WileyPLUS: MyWileyPLUS I Hele 1 Contact Us 1 Les Out 010:272:FINANCIAL ACCOUNTING (33) CALCULATOR FULLSCREEN PRINTER VERSION BACK NEXT Attempts: 1 of 3 used Prepare the adjusting entry at December 31, 2019, to record sales revenue recognized in Decer Collapse question part bost of goods sold entry. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Unearned Subscription Revenue Subscription Revenue Debit Click if you would like to Show Work for this question: Open Show Work Credit SHOW LIST OF ACCOUNTSimage text in transcribedimage text in transcribed

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