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Business, 11.02.2021 18:10 brokegirlyy
Magazine sells subscriptions for $60 for 30 issues. The company collects cash in advance and then mails out the magazines to subscribers each month. Apply the revenue recognition principle to determine a. when Seacoast Magazine should record revenue for this situation. b. the amount of revenue Seacoast Magazine should record for five issues.
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Magazine sells subscriptions for $60 for 30 issues. The company collects cash in advance and then ma...
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