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A local theater company sells $1,250 season ticket packages at a price per package. The fist show un the ten show season starts this week.

A local theater company sells $1,250 season ticket packages at a price per package. The fist show un the ten show season starts this week.
A) the sale of the season tickets before the first show
B) the revenue earned after putting on the first show.
Indicate the effects of the amounts for the above transactions
A) assets Liabilities. SE
B) assets Liabilities. SE

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