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24-12-2019
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In December 2020, Quebecor Printing received magazine subscriptions for 2021 from customers, who paid $450 in cash. What would be the appropriate journal entry for this event in December 2020?

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Favourazukaego Favourazukaego

24-12-2019

Answer:

Explanation:

Dr: Cash $450

Cr deferred income

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