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Accounting
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Vogue Magazine sells magazine subscriptions to customers. Customers pay in advance for the full year's subscription. During the year, Vogue collected $220,000 from customers. Vogue's balance in deferred revenue decreased by $10,000 during the year. How much revenue did Vogue Magazines record during the year? (Hint: you can make up any beginning and ending balance as long as the ending is $10000 less than the beginning). Multiple Choice $220,000 Cannot determine from teh information provided $230,000 O None of the answers provided are correct. O
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