Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion Return 1 1 points Ski West, Inc., operates a downhill ski area near Lake Tahoe, California. An all-day adult lift ticket can be purchased for $90. Adult customers also can purchase a season pass that entities the pass holder to skiany day during the season, which typically runs from December 1 through April 30. Ski West expects its season pass holders to use their passes equally throughout the season. The company's fiscal year ends on December 31 On November 6, 2021, Jake Lawson purchased a season pass for $470. Required: 1. When should Ski West recognize revenue from the sale of its season passes? 2. Prepare the appropriate journal entries that Ski West would record on November 6 and December 31 3. What will be included in the Ski West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 What will be included in the Ski West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson? Saved Hel Required: 1. When should Ski West recognize revenue from the sale of its season passes? 2. Prepare the appropriate journal entries that Ski West would record on November 6 and December 31 3. What will be included in the Ski West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson? ook Complete this question by entering your answers in the tabs below. int Required 1 Required 2 Required 3 rences What will be included in the Ski West 2021 income statement and balance sheet related to the sale of the season pass to Jake Lawson? Amount Amount included in remaining balance in