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11. Globe-Democrat newspapers sold 360 of annual subscriptions for cash at $100 each on May...

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Accounting

11.

Globe-Democrat newspapers sold 360 of annual subscriptions for cash at $100 each on May 1. Prepare the journal entry at December 31 related to the annual subscriptions? If no journal entry is required, write no entry required.

Place your final response (journal entry) first; then show your work and label your numbers

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