1. The Baltimore Performing Arts Center sold all $25,000 worth of its tickets to a popular concert a month in advance. The journal entry the Performing Arts Center would record immediately after the concert ended is:

   	a.	Db. Deferred Revenue $25,000 Cr. Sales Revenue $25,000
   	b.	Db. Deferred Revenue $25,000 Cr. Cash $25,000
   	c.	Db. Cash $25,000 Cr. Sales Revenue $25,000
   	d.	Db. Sales Revenue $25,000 Cr. Deferred Revenue $25,000