Moreno Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $$20$ per year. During November $2022,$ Moreno sells $15,000$ subscriptions beginning with the December issue. Moreno 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.

$($a$)$

Prepare the entry in November for the receipt of the subscriptions. $($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date

Account Titles and Explanation

Debit

Credt