Millard Publishing receives payments in advance for its magazine subscriptions and records these payments as Unearned Subscription Revenue. Millard started the year with a balance of $358,000 in the Unearned Subscription Revenue account and ended the year with a balance of $428,000. If Millard collected $900,000 for subscription in advance during the year, how much revenue did Millard recognize from subscriptions?

Answer rating: 100% (QA)

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