If Microsoft did not defer any revenue, but instead recognized it as received, how much total revenue would it have recognized in 2018?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 4
The following information was taken from Microsoft's 2018 financial statements:
Year Ended June 30,
Revenue:
Product
Service and other
Total revenue
Short-term unearned revenue
Long-term unearned revenue
2018
2017
$ 64,497 $ 63,811 $
45,863
32,760
110,360
96,571
2018
28,905
3,815
2017
24,013
2,643
2016
67,336
23,818
91,154
If Microsoft did not defer any revenue, but instead recognized it as received, how much total revenue would it have recognized in 2018?
Transcribed Image Text:QUESTION 4 The following information was taken from Microsoft's 2018 financial statements: Year Ended June 30, Revenue: Product Service and other Total revenue Short-term unearned revenue Long-term unearned revenue 2018 2017 $ 64,497 $ 63,811 $ 45,863 32,760 110,360 96,571 2018 28,905 3,815 2017 24,013 2,643 2016 67,336 23,818 91,154 If Microsoft did not defer any revenue, but instead recognized it as received, how much total revenue would it have recognized in 2018?
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