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Prepare the adjusting entry at December 31, 2022, to record subscription revenue in December 2022. (Credit account titles are automatically indented when amount is entered.

Prepare the adjusting entry at December 31, 2022, to record subscription revenue in December 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Debit Credit
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Prepare the adjusting entry at December 31, 2022, to record subscription revenue in December 2022. (Credit account titles ore automatleally indented when amount is entered. Do not indent monually) Sandhiti Ca Ltd publishes a monthly sports mugazine, Fishing Preview, Subseriptions to the magazine cost $28 per year, During Noverber 2022. Saridhilt selis 8.100 subscriptions for cash, beeinnine with the December issue. Sandhill orepares financiat statements quarterly and recognizes subseription fevenwe at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subicription Reveruie. The cornpany has a December 31 year end

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