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7:24 VanGessel Law Firm collected cash advances of $17,700,000 from its clients during the current year. The adjusted balance in the Deferred revenue account

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7:24 VanGessel Law Firm collected cash advances of $17,700,000 from its clients during the current year. The adjusted balance in the Deferred revenue account increased from $4.0 million to $9.7 million dollars during the year. What is VanGessel's revenue recognized for the current year? Multiple Choice $23,400,000 $17,700,000 4

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