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Business, 23.10.2019 17:00 michaellevingston46

Ticketsales, inc., receives $7,720,000 cash in advance ticket sales for a four-date tour of bon jovi. record the advance ticket sales on october 31. record the revenue earned for the first concert date of november 5, assuming it represents one-fourth of the advance ticket sales. ticketsales, inc. initially records prepaid and unearned items in balance sheet accounts.

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