QUESTION 4 Partially correct 0.67 points out of 1.00 Flag question Advance Payments for Goods The Chicago Daily Times Corporation (CDT) publishes a daily newspaper. A 52-week subscription sells for $258. Assume that CDT sells 100 subscriptions on January 1. None of the subscriptions are cancelled as of March 31 a. Prepare a journal entry to record the receipt of the subscriptions on January 1 b. Prepare a journal entry to record one week of earned revenue on March 25. Round all answers to the nearest dollar a. General Journal Date Description Debit Credit Jan.1 Cash Unearned Subscription Revenue # To record subscriptions received. b. General Journal Date Description Debit Credit Mar.25 Unearned Subscription Revenue# Subscription Revenue To record subscription revenue earned