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please answer both questions in a paragraph each 1. Television advertising Suppose that ABC Mouse pays Disney $200.000 in May for TV commercials that will

please answer both questions in a paragraph each image text in transcribed
1. Television advertising Suppose that ABC Mouse pays Disney $200.000 in May for TV commercials that will air in July. How should Disney capture this transaction in its accounting records in May and July 2. Theme park admission - Assume that Disney collects $5.300.000 for admission to Magic Kingdom on October 15. How should Disney capture this transaction in its October accounting records

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