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Mini - Exercise 9 - 1 ( Static ) Calculate earned revenues LO 9 - 1 Pool Patrol, Incorporated offers professional pool cleaning services to
MiniExercise Static Calculate earned revenues LO
Pool Patrol, Incorporated offers professional pool cleaning services to residential customers. The company cleans each pool that it services once per month throughout the year. Homeowners are billed for an annual fee payable in advance prior to their anniversary date. A new customer paid his first annual fee of $ on May Pool Patrol, Incorporated has provided the agreed monthly cleaning services since that time.
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How much revenue should Pool Patrol, Incorporated recognize with respect to this customer's payment for the fiscal year ended September
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