During December 2018, Fashion Vixen Publishing sold 2,500 12-month annual magazıne subscriptions at a rate of $30 each. The first Issues were malled in February 2019. Prepare the following entries on Fashion Vixen's books: 1-to record the sale of the subscriptions entry. 2- the malling of the first issues entry.
During December 2018, Fashion Vixen Publishing sold 2,500 12-month annual magazıne subscriptions at a rate of $30 each. The first Issues were malled in February 2019. Prepare the following entries on Fashion Vixen's books: 1-to record the sale of the subscriptions entry. 2- the malling of the first issues entry.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:During December 2018, Fashion Vixen Publishing sold 2,500 12-month annual magazine subscriptions at a rate of $30 each. The first issues were mailed in February 2019. Prepare the following entries on Fashion Vixen's books:
1-to record the sale of the subscriptions entry.
2- the mailing of the first issues entry.
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