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    Exam 14: Operating Liabilities and Contingencies
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    Gabbit Publishers Sold 6,000 Annual Subscriptions at $150 Each on September
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Gabbit Publishers Sold 6,000 Annual Subscriptions at $150 Each on September

Question 38

Question 38

Multiple Choice

Gabbit Publishers sold 6,000 annual subscriptions at $150 each on September 1.How much unearned revenue will be recognized for the year ending December 31?


A) $0
B) $300,000
C) $600,000
D) $900,000

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