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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
American system of manufacturing
Unearned Rent Revenue
Income received by a landlord for rent that has been paid in advance but is not yet earned as the period has not occurred.
Unearned Revenue
Money received by a company for goods or services yet to be delivered or performed, recognized as a liability.
Season Tickets
Prepaid tickets allowing entry to a series of events, typically for sports or theatrical seasons, offering a discount over purchasing individually.
Magazine Subscriptions
Recurring payments made by the readers to receive periodic publications over a specific period of time.
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