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Kingbird publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $ 2 2 per year. During November 2 0 2 4 ,

Kingbird publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $22 per year. During November 2024,
Kingbird sells 18,000 subscriptions beginning with the December issue. Kingbird prepares financial statements quarterly and
recognizes revenue for magazines sold at the end of the quarter. The company uses the accounts Unearned Revenue and Revenue.
(a)
Prepare the entry in November 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 0 for the amounts. List debit
entry before credit entry.)
Date
Account Titles
Nov. 2024
Debit
Credit
List of Accounts
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