| | PRNTERVIRSION- NEXT Exercise 10-7 Carla Vista Co. Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $30 per sells 7,280 subscriptions for cash, beginning with the December issue. Carla Vista prepares finandial The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year statements quarterly and recognizes subscription revenue at the end of the quarter Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically Date Account Titles and Explanation Nov. indented when amount is entered, Do not indent manuele) Debit Credit Prepare the adjusting entry at December 31, 2017, to record subscription revenue in December 2017.(Credit account titles are automatically indented when omount is enteresd. Do not indent manually.) Date Account Titles and Explanation Dec. 31 Debit Credit