Game King collects cash from subscribers in advance and then provides online games to subscribers over a one-year period. Read the requirements. Requirement 1. Record the journal entry to record the original receipt of $170,000 cash. (Record debits first, then credits. Select the explanation on the last line of the journal entry table.) Date Accounts and Explanation Debit Credit - X Requirements 1. Record the journal entry to record the original receipt of $170,000 cash. 2. Record the adjusting entry that Game King makes to record earning $10,000 in subscription revenue that was collected in advance. 3. Using T-accounts, post the journal entry and adjusting entry to the accounts involved and show their balances after adjustments. (Ignore the Cash account.) Print Done