X should equal 11
2(3)2-1
6(2)-1
12-1
11
Journal entry
Explanation:
Books of (----Limited)
Journal Entry
<u>Date Account Title and Explanation Debit Credit
</u>
Cash / Bank A/c Dr. $750,000
To Unearned Subscription A/c $750,000
(Being Unearned Subscription)
Computation:
Amount of Unearned Subscription = 25,000 × $30
Amount of Unearned Subscription = %750,000