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Netflix, Inc. sells subscription services with a one-month free trial period. Historically, 10% of customers cancel their subscription during the free trial. During the current

Netflix, Inc. sells subscription services with a one-month free trial period. Historically, 10% of customers cancel their subscription during the free trial. During the current month, Netflix had 1,000 new subscribers. Recognize revenue and the associated allowance for doubtful accounts.

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