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1. How would Adele's financial statements have been impacted on the date of the sale of the concert tickets on December 17, 2015? What accounts

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1. How would Adele's financial statements have been impacted on the date of the sale of the concert tickets on December 17, 2015? What accounts would be affected? Assume that Adele receives her share of the ticket proceeds on the date of ticket sale for this question. 2. When will Adele recognize revenue from the two concerts at the Bridgestone Arena in Nashville, Tennessee? How would Adele's financial statements be impacted on the dates of these two concerts

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