Requirements 1. Journalize these transactions. Explanations are not required. 2. What amounts would Ozark Publishing Company report on the balance sheet at December 31, 2018? Ozark Publishing Company completed the following transactions during 2018: Nov 1 Dec 15 Dec 31 Sold 400 six-month subscriptions, collecting cash of $4,800, plus sales tax of 4%. Remitted the sales tax to the state of New York. Made the necessary adjustment at year-end to record the amount of subscription revenue earned during the year. Read the requirements. Requirement 1. Journalize these transactions. Explanations are not required. (Record debits first, then credits. Exclude explanations from any journal entries.) Nov 1. Sold 400 six-month subscriptions, collecting cash of $4,800, plus sales tax of 4%. Journal Entry Date Accounts Debit Credit Nov Dec 15. Remitted the sales tax to the state of New York. Journal Entry Date Accounts Debit Credit Dec Dec 31. Made the necessary adjustment at year-end to record the amount of subscription revenue earned during the year. Journal Entry Date Accounts Debit Credit Dec Requirement 2. What amounts would Ozark Publishing Company report on the balance sheet at December 31, 2018? Balance Sheet (partial)