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Prepare the adjusting entry at December 31,2024, to record revenue to be recognized in December 2024. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.) Marin publishes a monthly sports magazine, Hockey Hits. Subscriptions to the magazine cost $18 per year. During November 2024, Marin sells 15,300 subscriptions beginning with the December iss Marin prepares financial statements quarterly and recognizes revenue for magazines sold at the end of the quarter. The company uses the accounts Unearned Revenue and Revenue. Your answer is partially correct. Prepare the entry in November for the receipt of the subscriptions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No E for the account titles and enter 0 for the amounts. List debit entry before credit entry.) Prepare the adjusting entry at March 31, 2025, to record revenue to be recognized in the first quarter of 2025. (Credit account titles are automatically indented when the amount is entered. Do no manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)

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