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Which is an amount reported on the financial statements

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Reference no: EM132776907

Problem 1: Sally's Choice sells season memberships for $200 each. Sixty season memberships were sold. The season runs for four months starting March 1, 2017. Which one of the following is an amount reported on the financial statements for the period ending March 31, 2017?

a. Membership revenue of $9,000

b. Unearned membership revenue of $9,000

c. Unearned membership revenue of $3,000

d. Accounts receivable of $3,000

Reference no: EM132776907

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