5. A ballet company sells season tickets to 500 people for $450 each cash. The entry for...
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5. A ballet company sells season tickets to 500 people for $450 each cash. The entry for the sale of season tickets is
a. Unearned Ticket Revenue $225,000 Ticket Revenue $225,000
b. Ticket Revenue $225,000 Cash $225,000
c. Cash $225,000 Unearned Ticket Revenue $225,000
d. Accounts Receivable $225,000 Ticket Revenue $225 ,000
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