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Hannah teaches cooking classes. Her students paid $7,200 in 2017 for 72 classes to be given over the next 3 years. Twenty classes were given
Hannah teaches cooking classes. Her students paid $7,200 in 2017 for 72 classes to be given over the next 3 years. Twenty classes were given in 2017 and forty classes were given in 2018. The remaining 12 classes were given in 2019. The studio (which uses the accrual method) includes what amount in gross income in 2018?
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
17th edition
007802577X, 978-0078025778
