TransWorld Publishing completed the following transactions during :
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Journalize the transactions explanations are not required Round to the nearest dollar. Record debits first, then credits. Exclude explanations from journal entrie
tableDateAccounts and Explanation,Debit,CreditOcttableCashUnearned RevenueSales Tax Payabletable
Nov. : Remitted paid the sales tax to the state of Tennessee.
tableDateAccounts and Explanation,Debit,CreditNovtableSales Tax PayableCash
Dec. : Made the necessary adjustment at yearend to record the amount of subscription revenue earned during the year.
tableDateAccounts and Explanation,Debit,CreditDectableUnearned RevenueSubscription Revenue