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In January, Denton Mabrey College Received $120,000 in Unearned Tuition

Question 31

Multiple Choice

In January, Denton Mabrey College received $120,000 in Unearned Tuition Revenuefrom its students for the spring semester, which lasts four months. On January 31, the college should recognize which amount for tuition revenue?


A) $30,000.
B) $60,000.
C) $80,000.
D) $120,000.
E) $90,000.

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