ssignment FULL SCREEN PRINTER VERSION BACK NEXT CES Exercise 10-7 Oriole Company Ltd. publishes a monthly sports magazine sel Fishing Preview. Subscriptions to the magazine cost $15 per year. During November 2017, Oriole Is 11,840 subscriptions for cash, beginning with the December issue. Oriole prepares financial statements quarterly and recognizes subscription revenue at the quarter. The company uses the accounts Unearned Subscription Revenue and Subscription Revenue. The company has a December 31 year-end. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Nov Debit Credit Study Prepare the adjusting entry at December 31, 2017, to record subscription revenue in Decembe when amount is entered. Do not indent manually.) r 2017. (Credit account titles are automatically indented Date Account Titles and Explanation Debit Credit Dec. 31 Prepare the adjusting entry at March 31, 2018, to record subscription revenue in the first quarter of 2018 indented when amount is ent . (Credit account titles are automatically Do not indent manually.) ignment/test/aglistuni?id-asnmt 1960308 #N10052