S 3-9Preparing adjusting entries (annual)- unearned revenue LO4 October 1, 2017 Dec. 31, 2017 47407777777L Apr. 2017 Aug Ap Aug 2018 Club 17X Fitness prepares financial statements on an annual basis and has a December 31 year-end. On October 1, 2017, Club 17X sells a one-year prepaid gym membership for $300 cash. a. Record the journal entry on October 1, 2017. b. How much is the gym membership per month? c. How many months have passed between October 1, 2017 and December 31, 2017? d. In order to prepare the annual financial statements, record the adjusting journal entry on December 31, 2017