Question: d Rollers, a professional roller derby team, prepares financial statements on a monthly basis. rby season begins in February, but in January, the team engaged
d Rollers, a professional roller derby team, prepares financial statements on a monthly basis. rby season begins in February, but in January, the team engaged in the following 300,000 to the Sunbury Skating Rink as advance rent for use of the facilities for the 6 -month rom February 1 through July 31 . This payment was initially recorded as Prepaid Rent. 'd $4,830,000 cash from the sale of season tickets for the team's home games. The entire was initially recorded as Unearned Ticket Revenue. During the month of February, the team ieveral home events at which $241,500 of the season tickets sold in January were used by two adjusting entries required at the end of February, (If no entry is required for a levent, select "No journal entry required" in the first occount field. Round your answers to whole dollor.)
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