records it by debiting Cash and crediting Uneamed Revenue both for $11,900 It is now December 31. d Tao has provided legal services as planned. What adjusting entry should Tao make to account for the work performed from October 1 through December 31 Debitor Credit? Uneamed revenue Step 1: Determine what the current account balance equals. $ 11,900 Credit 11 8,925 Step 2 Determine what the current account balance should equal. $ 2,975 Credit 2. Step 3: Record the December 31 adjusting entry to get from step 1 to step 2. Adjusting Entry Debit Credit Uneamed revenue 8,925 Legal revenue 8,925 b. Caden started a new publication called Contest News. Its subscribers pay $48 to receive 12 monthly issues. With every new subscriber, Caden debits Cash and credits Unearned Subscription Revenue for the amounts received. The company has 100 new subscribers as of July 1. It sends Contest News to each of these subscribers every month from July through December Assuming no changes in subscribers, prepare the year-end Journal entry that Caden must make as of December 31 to adjust the Subscription Revenue account and the Uneamed Subscription Revenue account Unearned subscription revenue Step 1: Determine what the current account balance equals Credit Step 2: Determine what the current account balance should equal 2.400 (Crede Step 3: Record the December 31 adjusting entry to get from step to step 2 Uneamed subscription revenue Subscription revenue 2,400 2,400