Question: cean Breeze Magazine sells subscriptions for $ 6 0 for 1 2 issues. The company collects cash in advance and then mails out the magazines

cean Breeze Magazine sells subscriptions for $60 for 12 issues. The company collects cash in advance and then mails out the magazines to subscribers each pply the revenue recognition principle to determine
. when Ocean Breeze Magazine should record revenue for this situation.
. the amount of revenue Ocean Breeze Magazine should record for three issues.
a. Ocean Breeze Magazine should record revenue when he subscribers.
b. For three issues, Ocean Breeze Magazine should record revenue of
cean Breeze Magazine sells subscriptions for $60 for 12 issues. The

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