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Fashion Designs publishes a monthly magazine. It sells a one-year subscription for 550 , on january 1, 2022, it received 54,500 from customers for one

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Fashion Designs publishes a monthly magazine. It sells a one-year subscription for 550 , on january 1, 2022, it received 54,500 from customers for one -year subscription for the magazine. Now is March 31, 2022 What is amount Fashion Designs should recognize as revenue on March 31, 202:2

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