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Southwest Magazine sells subscriptions for $120 for 30 issues. The company collects cash in advance...

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Accounting

Southwest Magazine sells subscriptions for $120 for 30 issues. The company collects cash in advance and then mails out the magazines to subscribers each month.
Apply the revenue recognition principle to determine
a. when Southwest Magazine should record revenue for this situation.
b. the amount of revenue Southwest Magazine should record for ten issues.
a. Southwest Magazine should record revenue when the subscribers.
b. For ten issues, Southwest Magazine should record revenue of
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