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Posted on Jul 14, 2024

On May 3 1 , sold gift certificates for grass - cutting services and collected $ 4 , 0 1 0 . On December 3

On May

31,

sold gift certificates for grass

-

cutting services and collected $

4, 010 .

On December

31,

Oriole determined that $

1, 950

of these certificates had not yet been redeemed. Calculate the deferred revenue

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