Question: A customer purchased a $ 2 , 5 0 0 package of spa services on December 1 s t , 2 0 2 2 .
A customer purchased a $ package of spa services on December The customer can use the spa from December
through February Using the accrual basis of accounting, and assuming the spa uses a calendar year as its fiscal year,
the spa should recognize
in revenue on its December financial statements.
$
$
$
$
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