Question 2: Golds Gym receives subscriptions from its members in advance. The gym received cash $1,000,000 in advance subscriptions on 1/1/2018. The subscriptions will earn as follows: 2018: $ 300,000 2019: $ 300,000 2020: $ 250,000 2021: $ 150,000 Required: 1. Prepare the journal entry on 1/1/2018. 2. Prepare the adjusting entry on 31/12/2018. 3. Calculate the balance of unearned subscription revenue and subscription revenue that will appear in the adjusted trial balance on 31/12/2018. 4. Prepare the adjusting entry on 31/12/2019. 5. Calculate the balance of unearned subscription revenue and subscription revenue that will appear in the adjused trial balance on 31/12/2019