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Flower Clubs sells annual memberships for $120 each. On January 1, the company sold 100 memberships and received cash. Flower Clubs prepares financial statements
Flower Clubs sells annual memberships for $120 each. On January 1, the company sold 100 memberships and received cash. Flower Clubs prepares financial statements on a quarterly basis. What journal entries should Flower Clubs record during the current year?
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