Required Information (The following information applies to the questions displayed below.] Evans Ltd. publishes a monthly newsletter for retail marketing managers and requires its subscribers to pay $30 in advance for a one-year subscription. During the month of August 2019. Evans Ltd. sold 220 one-year subscriptions and received payments in advance from all new subscribers. Only 64 of the new subscribers paid their fees in time to receive the August newsletter, the other subscriptions began with the September newsletter. Table 6-4. Table 6-5 (Use appropriate factor from the table provided.) --3. Record the journal entry to show the effect of subscription fees received in advance and Subscription revenue earned during August 2019. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet Record the cash collection of subscription fees received in advance. Nos dits before credits Event General Journal Debit Credit 1 Record entry Clearby View general journal Prey 10 11 of 13 Bli Next > ! Required Information [The following information applies to the questions displayed below) Evans Ltd. publishes a monthly newsletter for retail marketing managers and requires its subscribers to pay $30 in advance for a one-year subscription. During the month of August 2019, Evans Ltd. sold 220 one-year subscriptions and received payments in advance from all new subscribers. Only 64 of the new subscribers paid their fees in time to receive the August newsletter, the other subscriptions began with the September newsletter. Table 6-4. Table 6-5 (Use appropriate factor from the table provided.) b. Calculate the amount of subscription revenue earned by Evans Ltd. during the year ended December 31, 2019, for these 220 subscriptions sold in August 2019. Revenue earned during August Revenue earned from September-December Total subscription revenue earned during 2019 from August 2010 sales Discount Rate No. of Periods 2% 6% 8% 10% 12% 14% 16% 18% 20% 2 3 4 0.980 0.961 0.942 0.924 0.906 0.9259 0.8573 0.7938 0.7350 0.6806 0.9091 0.8264 0.7513 0.6830 0.6209 0.8772 0.7005 0.6750 0.5921 0.5194 0.8821 0.7432 0.6407 0.5523 0.4761 0.8475 0.7182 0.6086 0.5158 0.4371 0.9615 0.9434 0.9246 0.8900 0.8890 0.8396 0.8548 0.7921 0.8219 0.7473 0.7903 0.7050 0.7599 0.6851 0.7307 0.6274 0.7026 0.5919 0.6756 0.5584 0.8333 0.6944 0.5787 0.4823 0.4019 0.8929 0.7972 0.7118 0.6355 0.5674 0.5066 0.4523 0.4039 0.3606 0.3220 7 8 9 0.888 0.871 0.853 0.837 0.820 0.6302 0.5835 0.5403 0.5002 0.4632 0.4556 0.3996 0.3506 0.3075 0.2697 0.3704 0.3139 0.2660 0.2255 0.1911 0.5645 0.5132 0.4665 0.4241 0.3855 0.3505 0.3186 0.2897 0.2633 0.2394 0.4104 0.3538 0.3050 0.2630 0.2267 0.1954 0.1685 0.1452 0.1252 0.1079 11 12 13 14 15 0.804 0.788 0.773 0.758 0.743 0.4289 0.3971 0.3677 0.3405 0.3152 0.2875 0.2567 0.2292 0.2046 0.1827 0.2366 0.2076 0.1821 0.1597 0.1401 0.1619 0.1372 0.1163 0.0985 0.0835 0.3349 0.2791 0.2326 0.1938 0.1615 0.1346 0.1122 0.0935 0.0779 0.0649 0.0541 0.0451 0.0376 0.0313 0.0261 16 17 18 19 20 0.728 0.714 0.700 0.686 0.673 0.6496 0.5288 0.6246 0.4970 0.6006 0.4688 0.5775 0.4423 0.5553 0.4173 0.5339 0.3936 0.5134 0.3714 0.4936 0.3503 0.4746 03305 0.4664 0.3118 0.4388 0.2042 0.4220 0.2775 0.4057 0.2018 0301 0.2470 0.3751 02330 0.2176 0.1978 0.1799 0.1635 0.1186 0.1631 0.1458 0.1300 0.1161 0.1037 0.1229 0.1078 0.0946 0.0829 0,0728 0.0930 0.0802 0.0891 0.0596 0.0514 0.0708 0.0800 0.0508 0.0431 0.0385 21 22 0.600 0.647 0.834 0.022 0.610 0.2919 0.2703 0.2502 0.2317 0.21.45 0.1987 31830 0.1703 01517 6.1460 0.00014 0.0570 0.000 0.0313 0213 0.1351 0.1328 0.1312 01015 0.0926 CO2 00738 0.0850 9.00B 0.0038 0.0560 00401 00431 0.0578 0.0217 0.0181 0.0161 0.0126 0.0105 24 25 0.0413 0.0382 0.0329 0.0284 0.0245 0.0110 0.0055 0.0026 0.0013 0.0005 00309 0.0252 0.0222 0.0188 00160 0.0070 0.000 0.0013 0.0000 0 0 10 45 50 0552 0.500 0.453 0.410 0372 03083 0.141 02534 0.1301 0.2083 0.0072 0 1712 0.0927 O TAY 00543 0.0578 010350 0.0021 0.013 0.0085 00336 0.0189 DO107 2005 0:30 0.0190 00102 00063 000 0.0014 0.0012 0.0017 0.0007 0.0003 Discount Rate No. of Periods 2% 6% 8% 10% 12% 16% 18% 20% 1 2 3 0.980 1.942 2.884 3.808 4.713 0.9615 1.8881 2.7751 3.6299 4.4518 0.9434 1.8334 2.6730 3.4651 4.2124 0.9259 1.7833 2.5771 3.3121 3.9927 0.9091 1.7355 2.4889 3.1699 3.7908 0.8929 1.6901 2.4018 3.0373 3.6048 0.8772 1.6467 2.3216 2.9137 3.4331 0.8821 1.6062 2.2459 2.7982 3.2743 0.8475 1.5656 2.1743 2.6901 3.1272 0.8333 1.5278 2.1085 2.5887 2.9906 5 8 7 8 9 10 5.601 6.472 7.325 8.162 8.983 5.2421 6.0021 6.7327 7.4353 8.1109 4.9173 5.5824 6.2098 6.8017 7.3801 4.6229 5.2064 5,7468 6.2489 6.7101 4.3553 4.8684 5.3349 5.7590 6.1446 4.1114 4.5638 4.9678 5.3282 5.6502 3.8887 42883 4.6389 4.9464 5.2161 3.6847 4.0386 4.3436 4.6065 4.8332 3.4976 3.8115 4.0776 4,3030 3.3255 3.6046 3.8372 4,0310 4.1925 11 12 13 14 15 9.787 10.575 11.348 12.106 12.849 8.7605 7.8869 9.3851 8.3838 9.9858 8.8527 10.5631 9.2950 11.1184 9.7122 7.1390 7.5381 7.9038 8.2442 8.5585 6.4961 8.8137 7.1034 7.3667 7.6061 5.9377 6.1944 8.4235 6.6282 5.4527 5.6803 5.8424 6.0021 6.1422 5.0286 5.1971 5.3423 5.4675 5.5755 4.6560 4.7932 4.9095 5.0081 5.0916 4.3271 4.4392 4.5327 4.6106 4.6755 6.8109 16 17 19 19 20 13.578 14 292 14.992 15.678 18.351 11.6523 10.1059 12.1657 10.4773 12.6593 10.8276 13.1339 11.1581 13.5903 11.4899 8.8514 9.1216 9.3719 9.6038 9.8181 7.8237 8.0216 8.2014 8.3849 8.5136 6.9740 7.1186 7.2497 7.3858 74094 5.2551 63729 6.4674 6.5504 6.6231 5.6685 5.7487 5.8178 5.8775 5.9268 5.1624 5.2223 5.2732 5.3162 5,3527 4.7296 4.7748 4.8122 4.8435 4.8696 8.547 8.6870 6.7429 4.8913 4.9094 21 22 23 24 25 17.011 17.658 18.292 18.914 19523 14.0292 11.7841 14.4511 12 0416 14 8565 12.3034 15 2470 12.5504 15 02112.7834 10.0168 10.2007 10 3711 10.5289 10.04.18 8.7715 8882 8.3847 9.0770 7.5620 746486 7.184 7.7843 7431 5.9731 6.0113 6.0642 6.0720 B0971 53837 5.4090 54321 3:4500 54009 6.8351 0.872 4.9470 P. 0700 5.5168 5.550 4.9709 4.8915 22390 1702020 13.7848 24.909 185016 144982 2735 197928 150483 29.490 207200 15.4555 31424 214RE 537615 40 112578 15546 11 9245 12 1084 12 2830 9.4209 9.6462 91791 9.802 148 80552 87 8.2433 3:28 6.1772 62753 0.235 52821 32403 9900 7232 71327 5.58 56541 B