Horizon Digital reports the following financial information: Sales revenue on the books: $475,000 Unearned revenue at the end of the year: $38,000 Unearned revenue at the beginning of the year: $22,000 Calculate the actual revenue earned by Horizon Digital during the year.

Horizon Digital reports the following financial information: Sales revenue on the books: $475,000 Unearned revenue at the end of the year: $38,000 Unearned revenue at the beginning of the year: $22,000 Calculate the actual revenue earned by Horizon Digital during the year.

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 56P: The following selected information is taken from the financial statements of Arnn Company for its...

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Please give me answer accounting

Horizon Digital reports the following financial information: Sales revenue on
the books: $475,000 Unearned revenue at the end of the year: $38,000
Unearned revenue at the beginning of the year: $22,000
Calculate the actual revenue earned by Horizon Digital during the year.

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