Cheyenne company LTD publishes a monthly Sports magazine finishing preview subscriptions to the magazine cost $31 per year during November 2022 Cheyenne says 606 thousands of Christian for cash beginning with the December issue Diane prepares financial statements quarterly and recognize subscription Revenue at the end of the quarter the company uses the account on Earth scripture revenue and subscription Revenue the company has a December Thirty one year end. prepare the adjusting entry at March 31st 2023 to record subscription Revenue in the first quarter of 2023

Account Titles and Explanation Debit Credit Mar: 31 e Textbook and Media