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Wild Nature, Inc., an outdoor magazine, collected $3,300 on August 1 for one-year subscriptions from subscribers in advance. Journalize and post the adjusting entry on

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Wild Nature, Inc., an outdoor magazine, collected $3,300 on August 1 for one-year subscriptions from subscribers in advance. Journalize and post the adjusting entry on December 31 to record the revenue that Wild Nature, Inc. has earned, assuming no other adjusting entries have been made for the year. Compute the balances of the two accounts involved Journalize the adjusting entry. (Record debits first, then credits. Exclude explanations from any journal entries.) Journal Entry Accounts Debit Credit Date Dec Choose from any list or enter any number in the input fields and then click Check

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