"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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Category: geography | Author: Sagi Boris
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