During December 2017, Markowitz Publishing sold 4,500 12-month annual magazine subscriptions at a rate of $20 each. The first issues were mailed in February 2018. Prepare the entries on Markowitz's books to record the sale of the subscriptions and the mailing of the first issues.

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The Answer of During December 2017, Markowitz Publishing sold 4,500 12-month annual magazine subscriptions at a rate of $20 each. The first issues were mailed in February 2018. Prepare the entries on Markowitz's books to record the sale of the subscriptions and the mailing of the first issues.

During December 2017, Markowitz Publishing Sold 4,500 12-Month Annual Magazine