Swifty Magazine sold 12,240 annual subscriptions on August 1,2025, for $15 each. Prepare Swifty's August 1, 2025, journal entry and the December 31,2025, annual adjusting entry, assuming the magazines are published and defivered monthly. (If no entry is required, select "No Entry" for the occount titles and enter O for the amounts. Credit occount titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.)