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Real Sports Unlimited Received $240,000 for Multiple Annual Subscriptions Beginning

Question 29

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Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions?


A) Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions? A)    B)    C)    D)    E)
B) Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions? A)    B)    C)    D)    E)
C) Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions? A)    B)    C)    D)    E)
D) Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions? A)    B)    C)    D)    E)
E) Real Sports Unlimited received $240,000 for multiple annual subscriptions beginning October 1, 2010. That amount was properly recorded on that date. What adjusting entry should Real Sports Unlimited make on December 31, 2010, related to these subscriptions? A)    B)    C)    D)    E)

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