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On March 1, Roberts Magazine Company receives annual subscriptions totaling $838,800. The first issue will be received by the subscriber one month after the money
On March 1, Roberts Magazine Company receives annual subscriptions totaling $838,800. The first issue will be received by the subscriber one month after the money is received. Roberts Magazine Company's fiscal year ends December 31.
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How much revenue would Roberts recognize from this amount for the current year?
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