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Pharoah Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2022, Pharoahes 10,200 subscriptions for
Pharoah Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2022, Pharoahes 10,200 subscriptions for cash, beginning with the December sue. Pharoah prepares financial statements quarterly and recognitae subscription revenue at the end of the quarter. The company uses the accounts Uned Subscription Revenue and Subscription Revenue. The company has December 31 year-end your wer is correct Prepare the entry intovember for the other (Credit countles are automatically indented when amount is entered. Do not indent man Dute countries and uplanation Debat Credit 200 Artemptar 1 of used M (b) uport the nating entry at December 31, 2022, to record subscription revenue in December 2017. (Credit scount elles are automatically indented when amount is enteret. De met mndent manually.) Dell Credit Date Account Titles and Explanation Dec. 31 Attempt of >
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