E11-16 (book/static) Question Help Watson Publishing completed the following transactions during 2018 1 (Click the icon to view the transactions.) Journalize the transactions (explanations are not required). Round to the nearest dollar. (Record debits first, then credits. Exclude explanations from journal entries.) Oct. 1 : Sold a six-month subscription (starting on November 1), collecting cash of $240, plus sales tax of 8%. (Prepare a single compound entry for this transaction.) Accounts and Explanation Debit Credit Date Oct.1