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in October 1 , the company receives $13,200 from a customer or a one-year property insurance policy. Deferred Revenue is redited on October 1st when
in October 1 , the company receives $13,200 from a customer or a one-year property insurance policy. Deferred Revenue is redited on October 1st when they receive the cash. ecord the associated adjusting entries for the end of the year, n December 31st, what amount needs to be adjusted on the eferred revenue account and how: ou would debit or $ for $
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