For each of the following independent situations, prepare journal entries to record the initial transaction on December 31 and the adjustment required on January 31. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) a Magnificent Magazines received $13,200 on December 31, 2018, for subscription services related to magazines that will be published and distributed in January through December 2019 b. Walker Window Washing paid $1,320 cash for supplies on December 31, 2018. As of January 31, 2019, $220 of these supplies had been used up c Indoor Raceway received $3,300 on December 31, 2018, from race participants for providing services for three races. One race is held in January 31, 2019, and the other two will be held in March 2019. View transaction list Journal entry worksheet 2 3 4 5 6 Record the receipt of $13,200 on December 31, 2018, for subscription services related to magazines that will be published and distributed from January through December 2019 Prey 1 of 7 Next > URRIER VEL VE U Record the receipt of $13,200 on December 31, 2018, for subscription services related to magazines that will be published and distributed from January through December 2019. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31 Cash 13,200 Record entry Clear entry View general journal MREMSTVU 2 3 4 5 6 > Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $13,200 for magazine subscriptions to be published January through December 2019. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 31 Record entry Clear entry View general journal Record the payment of $1,320 cash for supplies by Walker Window Washing on December 31, 2018. As of January 31, 2019, $220 of these supplies had been used up. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31 Record entry Clear entry View general journal -uur. Hy WEVER Record the January 31, 2019 adjusting entry for the December 31, 2018 cash payment of $1,320 for supplies. As of January 31, 2019, $220 of these supplies had been used up. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 31 Record entry Clear entry View general journal MERU VERLY UVRIL Record the receipt by Indoor Raceway of $3,300 on December 31, 2018, from race participants for providing services for three races. One race is held on January 31, 2019, and the other two will be held in March 2019. Note: Enter debits before credits. Date General Journal Debit Credit Dec. 31 Record entry Clear entry View general journal uz LED VERLU 2 3 4 5 6 Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,300 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019. Note: Enter debits before credits. Date General Journal Debit Credit Jan. 31 Record entry Clear entry View general journal