Sea the World Cruises, Inc. received $400,000 from its ticket sales to customers during its first...
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Sea the World Cruises, Inc. received $400,000 from its ticket sales to customers during its first month of business. Sea the World Cruises earned $300,000 of the amount collected, Match the amounts that will be reported on each of the first month's financial statements listed below. * Revenue on the Income Statement A. $O + Cash Collected from Customers on the B. $100,000 Statement of Cash Flows C. $300,000 : Deferred Revenue on the Balance Sheet D. $400,000 Sea the World Cruises, Inc. received $400,000 from its ticket sales to customers during its first month of business. Sea the World Cruises earned $300,000 of the amount collected, Match the amounts that will be reported on each of the first month's financial statements listed below. * Revenue on the Income Statement A. $O + Cash Collected from Customers on the B. $100,000 Statement of Cash Flows C. $300,000 : Deferred Revenue on the Balance Sheet D. $400,000
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