Question: i need help with this question please M3-3 Identifying Revenues LO3-2, 3-3 The following transactions are July activities of Craig's Bowling, Inc., which operates several
M3-3 Identifying Revenues LO3-2, 3-3 The following transactions are July activities of Craig's Bowling, Inc., which operates several bowling centers (for games and equipment sales) a. Craig's collected $15,000 from customers for games played in July b. Craig's sold bowling merchandise inventory from its pro shop for $8,000; received $3,000 in cash and customers owed the rest on account c. Craig's received $4,000 from customers who purchased merchandise in June on account d. The men's and ladies' bowling leagues gave Craig's a deposit of $2,500 for the upcoming fall season If revenue is not recognized in July, choose 'None' for the account and enter $0 for the amount. If revenue is to be recognized in July, indicate the revenue account title and amount. Revenue Account Affected Amount of Revenue
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