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Q4. 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.

Q4. 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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