Multiple Choice
In January, Denton Mabrey College received $120,000 in Unearned Tuition Revenue from 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) $90,000
E) $120,000
Correct Answer:
Verified
Correct Answer:
Verified
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