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On January 1, Northern College recelved $1,370,000 from its students for the spring semiester that it recorded in Unearned Revenue. The term spans four months

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On January 1, Northern College recelved $1,370,000 from its students for the spring semiester that it recorded in Unearned Revenue. The term spans four months beginning on January 1 and the college earns the revenue evenly over the months of the term. Assuming the college prepares adjustments on January 31 , what amount of tultion revenue should the college recognize for the month of January

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