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pemco enterprises sells annual memberships to its shooting lodge. the memberships cost 200 each. on january 1, pemco sold 4000 membership and received cash. tefer

pemco enterprises sells annual memberships to its shooting lodge. the memberships cost 200 each. on january 1, pemco sold 4000 membership and received cash. tefer to pemco enterprises. how should pemco record the receipt of cash on january?

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