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Nbsprecord the revenue earned for the first concert date of

Ticketsales, Inc., receives $ 5,000,000 cash in advance ticket sales for a four date tour of Bon Jovi. Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one fourth of the advance ticket sales.

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Accounting Basics: Nbsprecord the revenue earned for the first concert date of

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