Required information E10-6 Determining and Recording the Financial Statement Effects of Deferred Subscription Revenue LO 10-2) The following information applies to the questions displayed below The Tennis Times (TTT is a publisher of magazines. Its accounting policy for subscriptions follows: Revenues Revenues from our magazine subscription services are deferred initially and later recognized as revenue as subscription services are provided Assume TTT (a) collected $420 million in 2018 for magazines that will be distributed later in 2018 and 2019, (b) provided $204 million of services on these subscriptions in 2018, and (c) provided $216 million of services on these subscriptions in 2019. E10-6 Part 1 Required: 1. Using the information given, indicate the accounts, amounts, and accounting equation effects of transactions (a), (b), and (d). (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign. Enter your answers in whole dollars.) action Assets Liabilities Stockholders' Equity Revenue