Question: E 1 0 . 8 ( LO 1 ) AP Charleswood Musical Theatre's season begins in November and ends in April, with a different play

E10.8(LO 1) AP Charleswood Musical Theatre's season begins in November and ends in April, with a different play each month. In October 2024, Charleswood sold 100 season tickets for the 2024-25 season, for \(\$ 210\) each. Charleswood records all season ticket sales as unearned revenue and adjusts its accounts on a monthly basis. The company has a March 31 fiscal year end. Instructions a. Prepare the entry for sale of the season tickets. Date the entry October 31. b. Prepare any required adjusting entries on: 1. November 30,20242. March 31,20253. April 30,2025 c. Determine the balance (after any required adjustments) in Unearned Revenue on: 1. November 30,20242. December 31,20243. March 31,2025
E 1 0 . 8 ( LO 1 ) AP Charleswood Musical

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