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On October 1, 2018, $30,000 of Annual Magazine Subscriptions Were

question 23

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On October 1, 2018, $30,000 of annual magazine subscriptions were sold by Cat World Magazines. The total cost of the subscribed magazines is $18,000, equal to $1,500 per month. The subscribed magazines are delivered on the first day of each month beginning on October 1, 2018. What is the amount of the cost of the magazines to be recognized during 2018?


Definitions:

DSM-5

The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition, a comprehensive classification system for mental disorders, published by the American Psychiatric Association.

Hyperactive Sexual Desire Disorder

A condition characterized by excessive sexual desires or behaviors that may cause distress or impairment in daily functioning.

Erectile Disorder

A type of sexual dysfunction where there's a failure to achieve or keep an erection of the penis for sexual activity.

DSM-5

The fifth edition of the Diagnostic and Statistical Manual of Mental Disorders, a comprehensive classification and diagnostic tool used by mental health professionals.

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