Revenues are normally recognized when the company transfers promised goods or services in the amount the company expects to receive. The amount recorded is the cash-equivalent sales price. The following transactions occurred in September:

1. A popular ski magazine company receives a total of $11,545 today from subscribers. The subscriptions begin in the next fiscal year. Answer from the magazine company's standpoint.
2. On September 1 of the current year, a bank lends $2,200 to a company; the note principal and $264 ($2,200 12 percent) annual interest are due in one year. Answer from the bank's standpoint.
3. Fucillo Automotive Group (offering a wide variety of car and truck brands) sells a Ford F-150 truck with a list, or sticker, price of $21,750 for $18,750 cash.
4. Macy's department store orders 1,140 mens shirts for $29 each for future delivery from PVH Corp., manufacturer of IZOD, ARROW, Van Heusen, Calvin Klein, and Tommy Hilfiger apparel. The terms require payment in full within 30 days of delivery. Answer from PVH Corp.'s standpoint.
5. PVH Corp. completes production of the shirts described in (d) and delivers the order. Answer from PVH's standpoint.
6. PVH Corp. receives payment from Macy's for the events described in (d) and (e). Answer from PVH's standpoint.
7. A customer purchases a ticket from American Airlines for $760 cash to travel the following January. Answer from American Airlines's standpoint.
8. Ford Motor Company issues $21.2 million in new common stock.
9. Michigan State University receives $19,470,000 cash for 89,000 five-game season football tickets.
10. Michigan State plays the first football game referred to in (i).
11. Precision Builders signs a contract with a customer for the construction of a new $1,560,000 warehouse. At the signing, Precision receives a check for $197,000 as a deposit on the future construction. Answer from Precision's standpoint.
12. A customer orders and receives 16 personal computers from Dell; the customer promises to pay $10,100 within three months. Answer from Dell's standpoint.
13. Sears, a retail store, sells a $260 lamp to a customer who charges the sale on his Sear's credit card. Answer from Sears's standpoint.

Required: For each of the transactions, if revenue is to be recognized in September, indicate the revenue account title and amount. (If revenue is not recognized choose "None". Round "Interest revenue" answer to 2 decimal places.) Revenue Account Affected Amount of Revenue Earned in September a b d g h i j k 1 m