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help please and thank you Cheyenne Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cot $31 per year. During November
help please and thank you Cheyenne Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cot $31 per year. During November 2022 , Cheyenne sells 6,600 subscriptions for cash, beginning with the December issue. Cheyenne prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end. (a) Your answer is partially correct. Prepare the entry in November for the receipt of the subscriptions, (Credit account titles are outomatically indented when amount is entered. Do not indent manually)
help please and thank you
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