Sunland Company Ltd$.$ publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $$28$ per year. During November $2022,$ Sunland sells $10,800$ subscriptions for cash, beginning with the December issue. Sunland prepares 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.

$($a$)$

Your answer is correct.

s

Prepare the entry in November for the receipt of the subscriptions. $($Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

Debit

Credit

Nov.

$302,400$

Unearned Subscription Revenue

List of Accounts

Attempts: $1$ of $5$ used

$($b$)$

Your answer is correct.

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.$)$

Date Account Titles and Explanation

Debit

Credit

Dec.

Unearned Subscription Revenue

$25,200$

Subscription Revenue

List of Accounts

Attempts: $2$ of $5$ used

$($c$)$

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.$)$

Date Account Titles and Explanation

Debit

Credit

Mar.

I just neee part c which is preparing the adjusted entries at march $31,2023$ to record subscription revenue in the first quarter of $2023$