Waterway Magazine sold $11,760$ annual subscriptions on August $1,2025,$ for $$21$ each. Prepare Waterway's August $1,2025,$ journal

entry and the December $31,2025,$ annual adjusting entry, assuming the magazines are published and delivered monthly. $($If no entry is

required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account 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.$)$

Date Account Titles and Explanation

Debit

Credit

Cash

Un

Unearned Revenue