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Splish Brothers publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $ 2 0 per year. During November 2 0 2 4
Splish Brothers publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $ per year. During November
Splish Brothers sells subscriptions beginning with the December issue. Splish Brothers prepares financial statements
quarterly and recognizes revenue for magazines sold at the end of the quarter. The company uses the accounts Unearned Revenue and
Revenue.
Prepare the entry in November for the receipt of the subscriptions. Credit account titles are automatically indented when the amount
is entered. Do not indent manually. If no entry is required, select No Entry" for the account titles and enter for the amounts. List debit
entry before credit entry.
Date Account Titles
Debit
Credit
Nov.
eTextbook and Media
List of Accounts
Question Part Score
Prepare the adjusting entry at December to record revenue to be recognized in December Credit account titles are
automatically indented when the 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. List de
bit entry before credit entry.
Date
Account Titles
Debit
Credit
Dec.
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