Business, 01.02.2021 18:20, student0724

In November and December 2014, Smith Co., a new journal publisher, received $60,000 for 1,000 three-year subscriptions at $20 per year, starting 2014 income tax return. The subscriptions revenue Smith will report in its 2014 income statement is with the January 2015 issue. Smith included the entire $60,000 in its $0

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In November and December 2014, Smith Co., a new journal publisher, received $60,000 for 1,000 three-...