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Tier Word Publithing completed the following transaction for one sutscriber during 2021: (1) (Cick the icon to view tha tranasctions.) Requirement 1. Joumalize these transactions

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Tier Word Publithing completed the following transaction for one sutscriber during 2021: (1) (Cick the icon to view tha tranasctions.) Requirement 1. Joumalize these transactions (explanations not required). Then report any fiablify on the company's balance sheet at December 31, 2021. iRocord deots firat, then credits. Exahate exptanations from joumal entries.) Start by joumalizing the October 1st transaction. Recall Tier Woid Publishing sold a one-year subscripton, colecting cash of $2,100, plus ssles tax of 3\%. Next, joumalize the November 15th transaction. Recall Tier Word Publisting remited (paid) the salos tax to the stale of Ners York. More info Oct 1 Sold a one-year subscription, collecting cash of $2,100, plus sales tax of 3%. The subscription will begin on October 1 . Nov 15 Remitted (paid) the sales tax to the state of New York. Dec 31 Made the necessary adjustment at year-end

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