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Complete the following for the month of September. B. A magazine company receives a total of $12,000 on September 16th from subscribers for a one
Complete the following for the month of September. B. A magazine company receives a total of $12,000 on September 16th from subscribers for a one year subscription. The subscriptions begin in October. How much revenue should the magazine recognize in September? Complete the transaction analysis for case B. $ Assets Balance Sheet Liabilities Income Statement Stockholders' Equity Revenues Expenses Net Income 9/16 Record the transaction: 9/16 Post the transaction
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