Eat Well Company collected $216,000 subscription revenue on May 31st to cover twelve months in...
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Accounting
Eat Well Company collected $216,000 subscription revenue on May 31st to cover twelve months in advance. The company uses the accrual method of accounting and has a calendar year-end. By the end of December, what is the amount of Subscription Revenue that has been earned,
Select one:
a. $126,000
b. $204,750
c. $351,000
d. $480,000
please answer this question asap
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