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P UULAL DUwML Check my work Ticketsales, Inc., receives $7,160,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance
P UULAL DUwML Check my work Ticketsales, Inc., receives $7,160,000 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. points View transaction list eBook Journal entry worksheet Hint Record the cash receipt in advance of concerts. Print References Note: Enter debits before credits. General Journal Debit Credit Date Oct 31 Record entry Clear entry View general journal Journal entry worksheet Journal every war
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