second slide of the question

Please little explanation and more emphasis on the answer

Sandhill Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $25 per year. Dur November 2027 . Sandhill sells 6.576 subscriptions for cash, beginning with the December issue. Sandhill prepares financial statem quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end. Prepare a tabular summary lo record the following events. (a) Receipt of the subseriptions in November. (b) Adjustment at December 31, 2027, to record subscription revenue in December 2027. Include margin explanations for the changes in revenves and expenses. (If a transaction couses a decrease in Assets, Llabilities or Stockhoiders' Equity, ploce a negative sign (or parentheses) in front of the amount entered for the porticular Asset, Liability or Equity item that was reduced. Iternd for the porticular Asset, Liablity or Equity item that wats reducad!)