M11 - Classwork - Reporting and Analyzing Liabilities - /6 E Question 8 of 11 View Policies Current Attempt in Progress Crane Company Ltd, publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cout $28 per year. During November 2022. Crane sells 9.000 subscriptions for cash, beginning with the December issue. Crane prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. The company uses the account: Uneamed Subscription Revenue and Subscription Revenue. The company has a December 31 year-end. Prepare the entry in November for the receipt of the subscriptions. (Credit occount titles are automatically indented when amount Is entered. Do not indent monually) Date Account Titles and Explanation Debit Credit Nov e Textbook and Media List of Accounts Prepare the adjusting entry at December 31, 2022, to record subscription revenue in December 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Data Account Titles and Explanation Dahit Credit M11 - Classwork - Reporting and Analyzing Liabilities Question 8 of 11 - 76 e Textbook and Media List of Accounts Prepare the adjusting entry at December 31, 2022. to record subscription revenue in December 2022. (Credit account titles are automatically Indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Dec 31 eTextbook and Media List of Accounts Prepare the adjusting entry at March 31, 2023, to record subscription revenue in the first quarter of 2023. (Credit account titles are automatically Indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Mar. 31 M11 - Classwork - Reporting and Analyzing Liabilities Question 8 of 11 -76 Dec 31 e Textbook and Media List of Accounts Prepare the adjusting entry at March 31, 2023, to record subscription revenue in the first quarter of 2023. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Debit Credit Mar 31 eTextbook and Media List of Accounts