On January 1,Acme College Received $1,200,000 in Unearned Tuition Revenue

question 182

Multiple Choice

On January 1,Acme College received $1,200,000 in Unearned Tuition Revenue from its students for the spring semester,which spans four months beginning on January 2.What amount of tuition revenue should the college recognize on January 31?

• A)$300,000
• B)$600,000
• C)$800,000
• D)$900,000
• E)$1,200,000

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Definitions:

Prenatal Development

The process of growth and development within the womb from conception to birth.

Germinal

Pertaining to the initial two-week phase of prenatal development following conception.

Prenatal Development

The process of growth and development within the womb from conception to birth, encompassing various stages of embryonic and fetal development.

Embryonic

Pertaining to the earliest stage of development in living organisms after conception, before birth or hatching.