Question: Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type

Show the adjusting entries that you would make given the additional data below. In addition to the formal journal entry, please also indicate the type of adjusting entry that is being made, Subscriptions of $18,000 received on October 1st (for a 12 month subscription). Highland Company credited this to Sales Revenue (strangely!)

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