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Its a 2 Part question: 1st Part: A U.S. entrepreneur seeking to sell souvenirs at the 2012 summer Olympics in London pays British Airways, a
Its a 2 Part question:
1st Part: A U.S. entrepreneur seeking to sell souvenirs at the 2012 summer Olympics in London pays British Airways, a UK carrier, $1,500 for a Los AngelesLondon round-trip ticket.
2nd Part: The U.S. entrepreneur instead pays United Airlines (a U.S. airline) $1,500 for a Los AngelesLondon round-trip ticket. This transaction will be recorded as follows:
What will be the recorded debit and credit transactions.
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