Headlands Metro sold 8,520 annual subscriptions on October 1, 2017 for $19 each. Prepare Headlandss October 1, 2017 journal entry and the December 31, 2017 annual adjusting entry, assuming the magazines are published and delivered monthly. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.

Credit account titles are automatically indented when amount is entered. Do not indent manually.)