Peari Magazine sold 11,040 annual subscriptions on August 1, 2025, for $14 each. Prepare Pearl's August 1,2025, journal entry and the December 31, 2025, annual adjusting entry, assuming the magazines are published and delivered monthly. (If no entry is requireq select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually, Record joumal entries in the onder presented in the problem. List all debit entries before credit entries.)