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Business, 03.01.2020 02:31 kayranicole1

If a company has advance ticket sales totaling $2,000,000 for the upcoming football season, the receipt of cash would be journalized as:
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(a) debit sales, credit unearned revenue.
(b) debit unearned revenue, credit sales.
(c) debit cash, credit unearned revenue.
(d) debit unearned revenue, credit cash.
(e) debit cash, credit revenue.

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If a company has advance ticket sales totaling $2,000,000 for the upcoming football season, the rece...
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