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Business, 13.12.2019 19:31 peno211

Blossom company publishes a monthly sports magazine, fishing preview. subscriptions to the magazine cost $25 per year. during november 2019, blossom sells 33,684 subscriptions beginning with the december issue. blossom prepares financial statements quarterly and recognizes subscription revenue at the end of the quarter. the company uses the accounts unearned subscription revenue and subscription revenue.

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