Can you answer all the questions Basic Company's unadjusted trial balance for the year ended December 31, 2019 showed an Unearned Subscription Revenue account of P6,000. This balance was related to a one year subscription that started on October 1, 2019. In relation this, answer the following questions. 1. How much is the MONTHLY subscription revenue pertaining to the said subscription contract? 2. What method is being used by Basic Company to account for the subscription contract? A. Revenue Method B. Asset Method C. expense Method D. Liability Method 3. How many months of the subscription contract was earned for the year ending 12.31.2019? 4. How much is the correct amount of subscription revenue for year 2019 related to the said subscription contract? 5. How many months of the subscription contract is still unearned as of 12.31.19? 6. How much is the correct balance of the unearned subscription revenue on 12.31.19? 7. What adjusting entry should be made on 12.31.19? A. Accounts Receivable B. Unearned Subscription c.RevenueSubscription Revenue D. Cash Follow up question to #7 How much is the amount ? What is the another adjusting entry base on question #7 A. Accounts Receivable B. Unearned Subscription c.RevenueSubscription Revenue D. Cash Follow up question #7 how much is the amount