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Alibaba enters into a subscription-based service agreement with a customer, receiving an upfront payment of $120,000 for a one-year subscription. Analyze the revenue recognition for
Alibaba enters into a subscription-based service agreement with a customer, receiving an upfront payment of $120,000 for a one-year subscription. Analyze the revenue recognition for this subscription service, considering the principles of the Accrual Concept and Realization Concept at various stages of the subscription period.
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