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  3. Study Set
    Intermediate Accounting
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    Exam 1: Current Liabilities and Contingencies
  5. Question
    AV Airlines Sold a Ticket on May 1,2016 for Travel
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AV Airlines Sold a Ticket on May 1,2016 for Travel

Question 5

Question 5

Essay

AV Airlines sold a ticket on May 1,2016 for travel on Jun 15,2016 for $1,500.The customer paid at time of booking the flight.Provide the necessary journal entries.

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