Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017 for $18 each. Prepare Sport Pro's

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Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017 for $18 each. Prepare Sport Pro's August 1, 2017 journal entry and the December 31, 2017 annual adjusting entry, assuming the magazines are published and delivered monthly.

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Intermediate Accounting

ISBN: 978-1119048541

11th Canadian edition Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy

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Question Posted: Feb 28, 2017 11:09 AM

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Sport Pro Magazine sold 12,000 annual subscriptions on August 1, 2017 for $18 each. Prepare Sport Pro's

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Aug 1 Cash 12000 X 18 216000 Unea...View the full answer

Intermediate Accounting

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