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Shetheld Compary Lto publishes a monthly sports macazint. Fithirt Prevers. Subscriptions to the magazline cost $20 per yeac, Ourins atatements quarterly and recognlzes subscripelon reverue

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Shetheld Compary Lto publishes a monthly sports macazint. Fithirt Prevers. Subscriptions to the magazline cost $20 per yeac, Ourins atatements quarterly and recognlzes subscripelon reverue at the end ol the quarter. The compam uses the accounts Unearned Subsuription Revenue and Sulscription Revenue. The compary has a December 31 year end. Prepare the adjusting entry at March 31,2023 , to record subscription revenue in the first quarter of 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually if no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

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