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Sunland Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $20 per year. During November 2022, Sunland sells 24,000 subscriptions beginning

Sunland Company publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $20 per year. During November 2022, Sunland sells 24,000 subscriptions 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. (a) Your answer is correct. 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.) 637 Mostly cloudy 739 W Q E TROVERING R % 5 1 A S ISPI XCV Q Search T 101 G B hp Que Accou View 4 Accoun Ques Account Quest Account Questi

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