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On September 1, 2021, Gold Gaming sold 400 one-year subscriptions to its online gaming website for $90 each. The total a
Posted: Sun Jun 05, 2022 8:09 pm
by answerhappygod
- On September 1 2021 Gold Gaming Sold 400 One Year Subscriptions To Its Online Gaming Website For 90 Each The Total A 1 (22.43 KiB) Viewed 49 times
On September 1, 2021, Gold Gaming sold 400 one-year subscriptions to its online gaming website for $90 each. The total amount received was credited to Deferred Revenue. What would be the required adjusting entry at December 31, 20217 Multiple Choice Debit Deferred Revenue and credit Service Revenue for $12,000. Debit Deferred Revenue and credif Service Revenue for $36,000 Debit Service Revenue and credit Deferred Revenue for $24,000.