Horizon Publishing Company completed the following transactions during 2018: Aug 1 Sold 300 six-month subscriptions, collecting cash of $6,000, plus sales tax of 4%. Sep 15 Remitted the sales tax to the state of New York. Dec 31 Made the necessary adjustment at year-end to record the amount of subscription revenue earned during the year. Read the requirements Requirement 1. Journalize these transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Aug 1. Sold 300 six-month subscriptions, collecting cash of $6,000, plus sales tax of 4%. Journal Entry Date Accounts Credit Debit 6240 Aug Cash Unearned subscription revenue Sales tax payable Sep 15. Remitted the sales tax to the state of New York. Date Journal Entry Accounts 15| Sales tax payable Debit Credit Sep Dec 31. Made the necessary adjustment at year-end to record the amount of subscription revenue earned during the year. Journal Entry Date Accounts Debit Credit Dec 31||Unearned subscription revenue Subscription revenue Requirement 2. What amounts would Horizon Publishing Company report on the balance sheet at December 31, 2018? Balance Sheet (partial): Current liabilities: Unearned subscription revenue Choose from any list or enter any number in the input fields and then continue to the next