Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017, for $18 each. Prepare Sport Pro December 31 , 2017 annual adjusting entry, assuming the magazines are purblsied and delivered monthly O Unearnged Subscription Revenue Subscriptions Revenue O Unearnged Subscription Revenue Subscriptions Revenue O Unearnged Subscription Revenue Subscriptions Revenue S216.000 $216,000 $90.000 S90 000 $126.000 $126.000 O Cash $216 000 Unearnged Subscription Revenue $216 000
Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017, for $18 each. Prepare Sport Pro December 31 , 2017 annual adjusting entry, assuming the magazines are purblsied and delivered monthly O Unearnged Subscription Revenue Subscriptions Revenue O Unearnged Subscription Revenue Subscriptions Revenue O Unearnged Subscription Revenue Subscriptions Revenue S216.000 $216,000 $90.000 S90 000 $126.000 $126.000 O Cash $216 000 Unearnged Subscription Revenue $216 000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017, for $18 each
Prepare Sport Pro December 31, 2017 annual adjusting entry, assuming the magazines are purblsied and delivered monthly
O Unearnged Subscription Revenue
Subscriptions Revenue
O Unearnged Subscription Revenue
Subscriptions Revenue
O Unearnged Subscription Revenue
Subscriptions Revenue
S216 000
S216 000
S90.000
S90 000
$126.000
$126.000
Cash
$216.000
Unearnged Subscription Revenue
$216.000
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