Question
Service Revenue Softball Magazine Company received advance payments of $75,000 from customers during 2013. At December 31, 2013, $20,000 of the advance payments still had
Service Revenue Softball Magazine Company received advance payments of $75,000 from customers during 2013. At December 31, 2013, $20,000 of the advance payments still had not been earned. Required: After the adjustments are recorded and posted at December 31, 2013, calculate what the balances will be in the Unearned Magazine Revenue and Magazine Revenue accounts.
What is the unearned magazine revenue $?
What is the magazine revenue $?
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Certified Internal Auditor CIA Practice Of Internal Auditing Part 2- 2019
Authors: Muhammad Zain
1st Edition
1093798459, 978-1093798456
