Current Attempt in Progress

Monty Company Ltd$.$ publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $$29$ per year. During

November $2022,$ Monty sells $6,180$ subscriptions for cash, beginning with the December issue. Monty prepares financial statements

quarterly and recognizes subscription revenue at the end of the quarter. The company uses the accounts Unearned Subscription

Revenue and Subscription Revenue. The company has a December $31$ year$-$end.

$($a$)$

Prepare the entry in November for the receipt of the subscriptions. $($Credit account titles are automatically indented when amount is

entered. Do not indent manually.$)$

Date Account Titles and Explanation

Debit

Credit

Nov. $30$