Revenues are normally recognized when the delivery of goods or services has occurred, there is persuasive evidence of an arrangement for customer payment, the price is fixed or determinable, and collection is reasonably assured. The amount recorded is the cash-equivalent sales price. The following transactions occurred in September 2016:

a.	A popular ski magazine company receives a total of $12,345 today from subscribers. The subscriptions begin in the next fiscal year. Answer from the magazine companys standpoint..
b.	On September 1, 2016, a bank lends $1,500 to a company; the note principal and $150 ($1,500 10 percent) annual interest are due in one year. Answer from the banks standpoint.
c.	Fucillo Hyundai, Inc., sells a truck with a list, or sticker, price of $20,050 for $19,500 cash.
d.	Macys department store orders 1,000 mens shirts for $15 each for future delivery from Phillips-Van Heusen Corporation, manufacturer of Izod, Arrow, Van Heusen, and Calvin Klein shirts. The terms require payment in full within 30 days of delivery. Answer from Phillips-Van Heusens standpoint.
e.	Phillips-Van Heusen Corporation completes production of the shirts described in (d) and delivers the order. Answer from Phillips-Van Heusens standpoint.
f.	Phillips-Van Heusen receives payment from Macys for the events described in (d) and (e). Answer from Phillips-Van Heusens standpoint.
g.	A customer purchases a ticket from American Airlines for $780 cash to travel the following January. Answer from American Airliness standpoint.
h.	Ford Motors issues $15 million in new common stock.
i.	Michigan State University receives $19,500,000 cash for 80,000 five-game season football tickets.
j.	Michigan State plays the first football game referred to in (i).
k.	Precision Builders signs a contract with a customer for the construction of a new $1,500,000 warehouse. At the signing, Precision receives a check for $200,000 as a deposit on the future construction. Answer from Precisions standpoint.
l.	A customer orders and receives 10 personal computers from Dell; the customer promises to pay $9,600 within three months. Answer from Dells standpoint.
m.	Sears, a retail store, sells a $300 lamp to a customer who charges the sale on his store credit card. Answer from Searss standpoint. Required: For each of the transactions, 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.) .