Question: I need help with this question. What did I do wrong here? Problem 4-1A The following selected data are taken from the comparative financial statements

I need help with this question. What did I do wrong here?

I need help with this question. What did I doI need help with this question. What did I doI need help with this question. What did I do
Problem 4-1A The following selected data are taken from the comparative financial statements of Yankee Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 2017 2016 Accounts receivable for member dues $18,900 $12,300 Unearned sales revenue 19,900 26,000 Service revenue (from member dues) 142,700 134,700 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. (Hint: You will find it helpful to use Taccounts to analyze the following data. You must analyze these data sequentially, as missing information must rst be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.) Your answer is partially correct. Try again. Prepare journal entries for each of the following events that took place during 2017. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 1. 2. 3. Additional tickets were sold for $38,300 cash during 2017; a portion of these were used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue 5"? Dues receivable from members from 2016 were all collected during 2017. During 2017, goods were provided for all of the unearned sales revenue at the end of 2016. relates to the upcoming Skins Game in 2017. Dues for the 20162017 fiscal year were billed to members. Dues receivable for 2017 (i.e., those billed in item 4 above) were partially collected. No. Account Titles and Explanation Debit Credit Sales Revenue ..................................... Unearned Sales Revenue _ 38300 (To record sale of additional tickets) (l'o record unearned sales revenue earned) 4- Accounts Receivable 142700 - 5 Sales Revenue _ 142700 E! 5- l j _ l3 Accounts Receivable _ ' 142700' |Z| Your answer is incorrect. Try again. Determine the amount of cash received by Yankee from the above transactions during the year ended September 30, 2017. In Cash received by American, September 30, 2017 _ $ Click if you would like to Show Work for this question: Qpen Show Work

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