Question
The gym sells annual passes to the gym. The vast majority of the station's customers pay for the cards at the beginning of the year.
The gym sells annual passes to the gym. The vast majority of the station's customers pay for the cards at the beginning of the year. At the beginning of January, 80,000 annual subscriptions were sold for ISK 30. per subscription in cash. What is the entry in the financial accounting in January, i.e. the entry to record the sale of the subscriptions?
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Financial Accounting
Authors: David Spiceland, Wayne Thomas, Don Herrmann
4th edition
1259307956, 978-1259307959
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