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1. Assume that on January 10,2019, Kerrie Collins booked a four-day cruise for October...

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Accounting

1. Assume that on January 10,2019, Kerrie Collins booked a four-day cruise for October 2019 to the Western Caribbean for a total of $1,958(not including taxes, fees, or port expenses.) The customer pays in full on the day she books. What journal entry will Carnival make on January 10,2019, for the Kerrie Collins booking and payment? Hint: Carnival receives cash and has not earned the revenue.

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