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Worldwide Publishing completed the following transactions for one subscriber during 2021 Click the icon to view the transactions) Requirement Journalize these transactions (explanations not required). Then report any liability on the company's balance sheet at December 31, 2021. (RE hyphensor dashes in any account. namoExclude explanations from journal entries.) 1. Start by joumalizing the October 1st transaction. Recall Worldwide Publishing sold a one-year subscription, collecting cash of $2,100, plus salos tax of Journal Entry Date Accounts Debit Credit Oct 1 Next, joumalize the November 15th transaction. Recall Worldwide Publishing remitted (paid) the sales tax to the state of Texas Journal Entry Accounts Debit Credit Date Nov 15
Oct 1 Sold a one-year subscription, collecting cash of $2,100, plus sales tax of 6%. The subscription will begin on October 1. Nov 15 Remitted (paid) the sales tax to the state of Texas. Dec 31 Made the necessary adjustment at year-end.
Start by joumalizing the October 1st transaction. Recall Worldwide Publishing sold a one-year subscription collecting cash of $2,100, plus sales tax of 6% Journal Entry Date Debit Credit Accounts Oct Next, joumalize the November 15th transaction. Recall Worldwide Publishing romitted (paid) the sales tax to the state of Texas Journal Entry Accounts Date Debit Credit Nov 15 Make the necessary adjustment at yoan-end, December 31, to record the amount of subscription revenue earned during the year. Journal Entry Accounts Date Debit Credit Dee 31
Report the liability on the company's balance sheet at December 31, 2021. (Check your spelling carefully and do not a do not enter a label or enter a zero.) Balance Sheet (partial) Amount Account
Vonio Publishing completed long store 2021 Dine contowane Requirement 1 eet woord then report any aby on the company De
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Vonio Publishing completed long store 2021 Dine contowane Requirement 1 eet woord then report any aby on the company De
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