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3. Required: a-1. Use the horizontal model to show the effect of the sale of the season tickets. (Enter decreases to account balances with a

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3. Required: a-1. Use the horizontal model to show the effect of the sale of the season tickets. (Enter decreases to account balances with a minus sign.) Balance Sheet Income Statement Assets Liabilities +Stockholders' Equity Net income Revenues Expenses Cash-72660 Cash +72660 Unearned ticket revenue-72660 Unearned ticket revenue +72660

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