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On July 1, 2022, an airline company received an amount of SAR 100,000 for international flights that will take off on December 30, 2022. Required:

On July 1, 2022, an airline company received an amount of SAR 100,000 for international flights that will take off on December 30, 2022.

Required:

  1. Prepare journal entries On July 1, 2022
  2. Prepare journal entries on December 30, 2022 assuming that the airline provided the service to customers.

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