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[ The following information applies to the questions displayed below. ] Kirkland Theater sells season tickets for six events at a price of $ 7

[

The following information applies to the questions displayed below.

]

Kirkland Theater sells season tickets for six events at a price of $

78 .

For the

2022

season,

3, 880

season tickets were sold.

Where on the balance sheet would the account balance representing funds received for performances not

et presented be classified?

Multiple Choice

Current liability

Current asset

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