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Question 11 2 pts In November and December 20X2, Herald Company, a newly organized news paper publisher, received $90,000 for 2,000 three-year subscriptions at

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Question 11 2 pts In November and December 20X2, Herald Company, a newly organized news paper publisher, received $90,000 for 2,000 three-year subscriptions at $15 per year, starting with the January 20X3 issue of the magazine. The fiscal year end at Dec 31. Required: How much should Herald report in its 20X2 income statement for subscriptions revenue on an accrual basis? (2 points) Edit View Insert Format Tools Table 12pt v Paragraph BIUA > T

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