Softball Magazine Company received advance payments of $75,000 from customers during 2011. At December 31, 2011, $20,000
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After the adjustments are recorded and posted at December 31, 2011, calculate what the balances will be in the Unearned Magazine Revenue and Magazine Revenue accounts.
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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