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On November 1, Hughes Company receives 8 months of rent in advance, $21,880. Hughes Company's fiscal year ends December 31. Required: How much revenue would
On November 1, Hughes Company receives 8 months of rent in advance, $21,880. Hughes Company's fiscal year ends December 31.
Required:
How much revenue would Hughes recognize from this amount for the current year?
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Core Concepts Of Accounting Information Systems
Authors: Mark G. Simkin, Carolyn A. Strand Norman, Scott Paquette
1st Canadian Edition
