Chapter 10-Submitted for Marks Question 3 of 5 < > (c) - 2.5/6 E Prepare the adjusting entry at March 31, 2025, to record revenue to be recognized in the first quarter of 2025. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry) Date Mar. 31, 2025 Account Titles List of Accounts Save for Latar Debit Credit Attempts: 0 of 1 used Subesit Arewer P Search LO CE B 20 3 (b) - Your Answer Correct Answer - Your answer is partially correct. Prepare the adjusting entry at December 31.2024, to record revenue to be recognized in December 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entry before credit entry.) Date Account Titles Dec. 31, Unearned Revenue 2024 Sales eTextbook and Media Search L Debit 14000 Credit 14000 ING OF 2.5/6 View Policies Show Attempt History Current Attempt in Progress Metlock publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $14 per year. During November 2024, Metlock sells 12,000 subscriptions beginning with the December issue. Metlock prepares financial statements quarterly and recognizes revenue for magazines sold at the end of the quarter. The company uses the accounts Unearned Revenue and Revenue. (a) Your Answer Correct Answer (Used) Your answer is partially correct. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List debit entru hefore credit entru Search ING