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If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount...

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Accounting

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If $120,000 is collected in advance on October 1 for 6-month magazine subscriptions, the amount of UNEARNED SUBSCRIPTION REVENUE by November 30 is: $80,000 tion b. $120,000 OC. $40,000 d. $20,000

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