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Business, 03.12.2019 02:31 wbrandi118

Fly-by-night (fbn) airlines requires all customers to pay for their flight tickets in advance. assume fbn reports unearned service revenue of $50,000 at the beginning of fiscal year 2018. at the end of the year, the unearned service revenue balance is $65,000. if fbn collected cash of $780,000 for advance ticket sales during the year, what amount of sales revenue did it recognize for the year?

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