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Business, 29.05.2020 04:59 jere0797

"A theater sells a subscription series that allows patrons to attend all 8 of its productions that occur monthly from October through May. During August and September, the theater sold 1,000 subscriptions for the 2010-2011 season at $ 80 each and collected cash. How much revenue from these subscriptions should the theater recognize in its financial statements for the year ended December 31, 2010?"

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