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On january 1 eastern college received 1270000 from its

On January 1, Eastern College received $1,270,000 from its students for the spring semester that it recorded in Unearned Tuition and Fees. The term spans four months beginning on January 2 and the college spreads the revenue evenly over the months of the term. What amount of tuition revenue should the college recognize on January 31?

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Finance Basics: On january 1 eastern college received 1270000 from its

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