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Johnson sells $120,000 of product to Robbins, and also purchases $14,000 of advertising services from Robbins. The advertising services have a fair value of $10,000.
Johnson sells $120,000 of product to Robbins, and also purchases $14,000 of advertising services from Robbins. The advertising services have a fair value of $10,000. Johnson should recognize total revenue to account for these events of:
rev: 01_03_2020_QC_CS-190391
Multiple Choice
- $120,000
- $110,000
- $106,000
- $116,000
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