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What amount would the adjusting journal entry have

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Question - Costco sold 24,000, 12-month memberships on November 1st since everyone wanted to go shopping for Christmas gifts.  Each membership cost $65. If Costco prepares financial statements on 12/31 of every year, what amount would the adjusting journal entry have to reduce the Unearned Membership Revenue account?

Reference no: EM133093757

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