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Walton Company Collected $9,600 in May of 2013 for 4

Question 23

Multiple Choice

Walton Company collected $9,600 in May of 2013 for 4 months of service which would take place from October of 2013 through January of 2014. The revenue reported from this transaction during 2013 would be:


A) $0.
B) $7,200.
C) $9,600.
D) $2,400.

Correct Answer:

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