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www Question 15 5 points On 1M June, 2020, readers of Goodnews magazine got a total 20.00 subscriptions for the magazine and now of

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www Question 15 5 points On 1M June, 2020, readers of Goodnews magazine got a total 20.00 subscriptions for the magazine and now of the cash was paid immediately while 20% was paid at the end of june This subscription covers a period of 10 months. 15 Marks) Required A Prepare the company's journal records for 11 June, 2020 and end of June, 2020. [1 mark) B Prepare the adjusting entries for 31st December, 2020. (1 mark) C Give two reasons the company should not credit subscription money to revenue accounts before expiry of the subscription. 3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Paragraph === BIUS Arial 14px I D +] 3 A F I. * 20 L BB

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