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Question content area top Part 1 Movie Mania sells subscriptions for $...

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Accounting

Question content area top
Part 1
Movie Mania sells subscriptions for $ 216 for 36 months. The company collects cash in advance and then subscribers have access to unlimited movies each month.
Apply the revenue recognition principle to determine
a. when Movie Mania should record revenue for this situation.
b. the amount of revenue Movie Mania should record for four months.
Question content area bottom
Part 1
a.
Movie Mania should record revenue when
the customer

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