HW CH 10 Q. 2 please help!

2 Part 1 of 2 Required information E10-6 (Algo) Determining and Recording the Financial Statement Effects of Deferred Revenue [LO 10-21 [The following information applies to the questions displayed below) The Riesen Publishers (TRP) is publisher of magazines. Its accounting policy for subscriptions follows Revenues Revenues from our magazine subscription services are deferred antally and later recognized as revenue as subscription services are provided. Assume TRP (a) collected $470 million in 2021 for magazines that will be distributed later in 2021 and 2022.) provided $229 million of services on these subscriptions in 2021, and to provided $241 miton of services on these subscriptions in 2022 16.66 Sood Boo E10-6 (Algo) Part 1 Required: 1. Using the information given, indicate the accounts, amounts, and accounting equation effects of transactions and inter any decreases to assets, Tiabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.) Pre Labore Stockholder Referances Ast Transact () c)