Vista newspapers sold 4,000 of annual subscriptions at $125 each on September 1. How much unearned revenue
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Question:
Vista newspapers sold 4,000 of annual subscriptions at $125 each on September 1. How much unearned revenue will exist as of December 31?
a. $0.
b. $333,333.
c. $166,667.
d. $500,000.
Related Book For
Fundamental Accounting Principles
ISBN: 978-0078110870
20th Edition
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
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