Question 6 of 10

Question 6 of 10 View Policies Current Attempt in Progress Sheffield Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. During November 2022, Sheffield sells 6,480 subscriptions for cash, beginning with the December issue. Sheffield 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 yeafrend. (a) Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically iMented when amount is entered. DO not indent manually.) Date Account Titles and Explanation Nov. 30 Debit Credit