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2 . 8 Ticket reseller - An online flight ticket seller ( similar to Expedia ) sells a flight to a customer for $ 3

2.8 Ticket reseller - An online flight ticket seller (similar to Expedia) sells a flight to a customer for $300. Prior to selling the ticket to the customer, the ticket seller purchased the ticket from the airline (as part of a lot of tickets) for a price of $280. apply the accounting research process to determine the appropriate accounting for this transaction, including identifying the relevant research question(s).

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