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On August 1, Gardening Groen Magazine collected cash of $57,000 on future annual subscriptions starting on September 1 Requirements 1. Joumalize the transaction to record
On August 1, Gardening Groen Magazine collected cash of $57,000 on future annual subscriptions starting on September 1 Requirements 1. Joumalize the transaction to record the collection of cash on August 1 2. Joumalize the transaction required at December 31, the magazine' year end, asuming no revenue sured has been recorded (Round adjuntment to the nearnat whole Requirement 1. Journal the transaction to record the collection of oth on August 1. (Record debts first, then credit. Select the explanation on the last line of the journal try table) Accounts and explanation Debit Credit Data
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