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If a is company selling a years worth of clothing subscriptions on January 1 for $1500.00 and on January 31, they have closed the books
If a is company selling a years worth of clothing subscriptions on January 1 for $1500.00 and on January 31, they have closed the books and now must account for the expense. To finalize the question please record both January 1, and 31, journal entries.
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