Required information The following information applies to the questions displayed below) The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows Revenues Revenues from our magazine subscription services are deferred initially and later recognized as revenue as subscription services are provided Assume TTT collected $550 million in 2018 for magazines that will be distributed later in 2018 and 2019.) provided $269 million of services on these subscriptions in 2018. and provided $281 million of services on these subscriptions in 2019 Required: 1. Using the information given indicate the accounts, amounts, and accounting equation effects of transactions (o)(b), and (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.) Stockholders 10 Required information [The following information applies to the questions displayed below.] The Tennis Times (TTT) is a publisher of magazines. Its accounting policy for subscriptions follows: Revenues Revenues from our magazine subscription services are deferred initially and later recognized as revenue as subscription services are provided Assume TTT (a) collected $550 million in 2018 for magazines that will be distributed later in 2018 and 2019. (b) provided $269 million of services on these subscriptions in 2018, and provided $281 million of services on these subscriptions in 2019 2. Using the information given, prepare the journal entries that would be recorded for (b), (b), and (9. (If no entry is required for transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in whole dollars.) View transaction list Journal entry worksheet