On April $1,2023,$ Nicky LLC$,$ sells a two year cloud software subscription to Moose, Inc. for

$$30,000$ cash. Moose pays the entire amount up front. Both Nicky and Moose use accrual

accounting.

Prepare the journal entry to record the April $1,2023$ transaction for Nicky LLC$.$

DR:

CR:

Prepare the journal entry to record the April $1,2023$ transaction for Moose, Inc.

DR:

CR:

Prepare the Adjusting Journal Entry $($AJE$)$ for Nicky LLC as of April $30,2023$

DR:

CR:

Prepare the Adjusting Journal Entry $($AJE$)$ for Moose Inc, as of April $30,2023$

DR:

$CR$ :