EXERCISE B-3 Adjusting entries for advertising revenue The unearned advertising revenues collected in advance during the year total $482,800, and the unearned advertising revenue at the end of the year is $112,500. a. Record the following transactions directly in T accounts for Uneamed Advertis- ing Revenue and Advertising Revenue, using the system of initially recording ad- vertising fees as a liability: (1) revenues received during the period; (2) adjusting entry at the end of the period. Identify each entry by number b. Record the following transactions directly in T accounts for Uneared Advertis- ing Revenue and Advertising Revenue, using the system of initially recording ad- vertising fees as revenue: (1) revenues received during the period; (2) adjusting entry at the end of the period. Identify each entry by number