Can you answer this accounting cycle Basic Company's unadjusted trial balance for the year ended December 31, 2019 showed an Unearned Subscription Revenue account of P6,000. This balance was related to a one year subscription that started on October 1, 2019. In relation this, answer the following questions. 1. How much is the MONTHLY subscription revenue pertaining to the said subscription contract? 2. What method is being used by Basic Company to account for the subscription contract? A. Revenue Method B. Asset Method C. expense Method D. Liability Method 3. How many months of the subscription contract was earned for the year ending 12.31.2019? 4. How much is the correct amount of subscription revenue for year 2019 related to the said subscription contract? 5. How many months of the subscription contract is still unearned as of 12.31.19? 6. How much is the correct balance of the unearned subscription revenue on 12.31.19? 7. What adjusting entry should be made on 12.31.19? A. Accounts Receivable B. Unearned Subscription c.RevenueSubscription Revenue D. Cash Follow up question to #7 How much is the amount ? What is the another adjusting entry base on question #7 A. Accounts Receivable B. Unearned Subscription c.RevenueSubscription Revenue D. Cash Follow up question #7 how much is the amount? Unadjusted Trial balance Easy Company's unadjusted trial balance for the year ended August 30, 2019 showed an Unearned Fees account of P10,500. This balance was related to a 6 month contract to provide architecture services to start on August 1, 2019. In relation this, answer the following questions. 1. How much is the MONTHLY revenue pertaining to the said contract? 2. What method is being used by Easy Company to account for the contract? A. Liability Method B.asser Method C. Income Method D. Expense Method 3. How many months of the contract was earned for the year ending 8.31.2019? 4. How much is the correct amount of Fees Earned for year 2019 related to the said contract? 5. How many months of the contract is still unearned as of 8.31.19? 6. How much is the correct balance of the unearned fees on 8.31.19? 7. What adjusting entry should be made on 8.31.19? A. Accounts Receivable B.cash C. Fees Earned D.unearned Fees Follow up question to # 7 how much is the amount of the adjusting entry Another adjusting entry to number 7 A. Cash B fess Earned C. Unearned Fees D.account Receivable Follow up question to number 7 how much is the amount