Hello, I am in need of help preparing the adjusting entry.

Please see below! It is incorrect.

Queen Company publishes a monthly fashion magazine, Tiara. Subscriptions to the magazine cost $30 per year. During October 2021 , Queen sells 12,000 subscriptions beginning with the November issue. Queen prepares financial statements quarterly and recognizes subscription revenue earned at the end of quarter. (a) Prepare the entry in October for the receipt of the subscriptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Prepare the adjusting entry at December 31,2021 , to record subscription revenue earned in 2021 . (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)