How much revenue should bark recognize from the memberships

Reference no: EM133655573

Question: Bark Enterprises sells annual memberships to its social club and operates on a fiscal year that ends on June 30. Annual memberships cost $840 each. On July 1, Bark sold 1,200 memberships and received cash. How much revenue should Bark recognize from the memberships on July 1?

Reference no: EM133655573

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