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If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of subscription revenue earned by December 31 is: a $20,000

If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of subscription revenue earned by December 31 is: a $20,000 b. $80,000 Oc. $120,000 Od $60,000

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