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On December 1 Victoria Company signed a 90-day, 6% note payable with a face value of $7.200 What amount of interest expense is accrued at

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On December 1 Victoria Company signed a 90-day, 6% note payable with a face value of $7.200 What amount of interest expense is accrued at December 31 on the note? (Use 360 days a year.) Multiple Choice $36 572 $432 50 0 $108 Ticketsales, Inc., receives $7720,000 cash in advance ticket sales for a four-date tour of Bon Jovi, Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one-fourth of the advance ticket sales. Ticketsales. Inc. Initially records prepaid and unearned items in balance sheet accounts. View transaction fist Journal entry worksheet 2 1 > Record the cash receipt in advance of concerts. Note: Enter debits before credits General Journal Date Oct 31 Debit Credit Record entry Clear entry View general Journal

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