Splish Brothers Company Ltd publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28$ per year. During November $2022,$ Splish Brothers sells $6,900$ subscriptions for cash beginning with the december issue. Splish brothers prepare financial statements 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 $($b$)$

Prepare the adjusting entry at December $31,2022,$ to record subscription revenue in December $2022.($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 $0$ for the amounts.$)$

Date Account Titles and Explanation

Debit

Credit

Dec. $31$