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Business, 15.04.2020 01:08 kdawg203

Pemco Enterprises sells annual membership to its shooting lodge. The memberships cost $240 each. On January 1, Pemco sold 2,000 memberships and received cash. Refer to Pemco Enterprises. How much revenue should Pemco recognize on January 1?
A. $40,000
B. $240,000
C. $480,000
D. $0

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