Homework Answers
Solution:
| Event | Account title | Debit | Credit |
| 12-Dec | Cash | $25,200 | |
| Deferred Sales Revenue | $25,200 | ||
| 16-Jan | Cash | $2,26,800 | |
| Deferred sales revenue | $25,200 | ||
| Sales Revenue | $2,52,000 |
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