Healthy Living, a Diet Magazine, Collected $480,000 in Subscription Revenue

question 139

Multiple Choice

Healthy Living, a diet magazine, collected $480,000 in subscription revenue on May 31st. Healthy Living earns a minimum of $351,000 from the buyers who are not the subscribers. Each subscriber will receive an issue of the magazine for each of the next 12 months, beginning with the June issue. The company uses the accrual method of accounting. By the end of December, what is the amount of Subscription Revenue that has been earned?

• A)$204,750
• B)$351,000
• C)$480,000
• D)$280,000

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Definitions:

Short-Circuits

Electrical connections that unintentionally direct current along an unintended path, often resulting in excessive current flow.

Ground-Faults

Ground-faults occur when an unintended path forms in an electrical circuit, allowing current to flow directly to the ground, potentially causing shocks or fires.

Short-Circuit

A fault in an electrical circuit where the current goes through an unintended path, often resulting in excessive current flow that can cause damage or fire.

Ungrounded Phase Conductors

These are electrical conductors that are part of a phase in a multi-phase system and do not have a direct electrical connection to ground, potentially leading to unsafe operating conditions if not managed properly.