On December 3 Carmack Company received a $215 y bufor December that it will not pay until January 15. The a ng entry needed on December 30 t h expenses M e Choice 0 O Debit Prepard Uudes $215 Credit Cash 275 0 Debit Prepaid U s $215, credit Accounts Payable $215 0 Debates Expense . Credit Accounts Payable $275 0 Debit des pense $275. credit Prepaid Utilities $215 0 Debs Accounts Payable $275, rettes Depende $215 On April Oesco, inc.paid Garcia Publishing Company S548 for 36-month subscriptions to several offerent magazines Oncodeed the prepayment to a Prepad Subscretion court and the b Immediately. What adjusting entry should be made by Onco. Incfor the adjustment on December 31 of the first year assuring the companying a calendar year reporting period and no pres been made? e stand e nts had 0 Debt neemed Suspon andere S pon Expense 387 0 0 Debit Subscription pense 37 and credit Prep S ortion $18 0 Deba t in Expense 56 and credit Prepaid 0 o Debit Prepaid Subscriptions and credit Subscription E 5 516 0 Debt S p on Expense 37 and credit Cash