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On december 1 the beginning of the new term how much

Question - On December 1, the beginning of the new term, Moore Institute, a private school, receives $150,100 in tuition for the upcoming semester, which lasts four months. Moore Institute's fiscal year ends December 31.

How much revenue would Moore recognize from this amount for the current year?

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Accounting Basics: On december 1 the beginning of the new term how much

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Accounting Basics: On december 1 the beginning of the new term how much

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