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Question 1 (1 point) Saved In December 2020, Gifford Inc., a magazine publisher, received $210,000 for 3,000 three-year subscriptions at $70 per year, starting with

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Question 1 (1 point) Saved In December 2020, Gifford Inc., a magazine publisher, received $210,000 for 3,000 three-year subscriptions at $70 per year, starting with the January 2021 issue. What amount of revenue should Gifford report in its 2020 income statement? $210,000 $0. $5,833 $70,000 Question 2 (1 point) Saved Which of these is an accrued expense? Uncanned revenues Rennrovence recognized during the period, to be received at the end of the year Depreciation MacBook Air BO PRO . T 5 TH 74 A u F # 3 $ 4 % 5 & B 7 A 00 * 77 6 9 0 4 22 D PO R2 n RW sh y % E E 9 T ee Y U I D F a Gb 99 1 K "La e H J

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