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Teenage Fanclub Printings sold annual subscriptions to their magazine for $30,000 in December 2017. The magazine is published monthly. The new subscribers received their first

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Teenage Fanclub Printings sold annual subscriptions to their magazine for $30,000 in December 2017. The magazine is published monthly. The new subscribers received their first magazine in January 2018. 19. Show the adjusting entry should be made in January if the subscriptions were originally recorded as a liability? 0. What amount will be reported on the January 2018 balance sheet for Unearned Subscription Revenue

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