Courses This Course On August 10, 2021 Walid's Wilderness Tours paid Outdoor Magazine $4,500 cash to appear in their magazine for the next 10 months. The magazine is published on the 3rd of every month, so Walid's first ad will appear in the issue dated September 3. This is the only advertising Walid's will pay for over the next year. Please complete all 3 parts of this question based on the scenario above. IMPORTANT: When entering numbers, please do not use commas or dollar signs. Part 1: Journalize Walid's payment to Outdoor Magazine on August 10. Journal Page 7 Date Accounts Debit Credit 2021 PR Aug 10 . Part 2: Journalize the entry that Walid's will record after the first magazine is printed. Journal Page 8 Date Accounts PR 2021 Debit Credit Part 3: If Walid's uses monthly accounting periods, the balance in their Advertising Expense account on December 31, 2021 is a of