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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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