Question: please answer in tabular form thanks Current Attempt in Progress The following selected data are taken from the comparative financial statements of Grouper Curling Club.


Current Attempt in Progress The following selected data are taken from the comparative financial statements of Grouper Curling Club. The club prepares its financial statements using the accrual basis of accounting September 30 2022 2021 Accounts receivable for member dues $14,400 $18,240 Unearned sales revenue 19,200 22.080 Service revenue (from member dues) 144.960 129,600 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 must analyze these data sequentially, as missing information must first be deduced before moving on) Use the tabular summary that includes selected accounts and balances to record the following events that took place during 2022. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign for parentheses) in front the amount entered for the particular Asset, Liability or Equity item that was reduced.) 1. 2. 3. Dues receivable from members from 2021 were all collected during 2022. During 2022. goods were provided for all of the unearned sales revenue at the end of 2021. Additional tickets were sold for $42.240 cash during 2022; a portion of these were used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue relates to the upcoming Skins Game in 2022. Dues of $144,960 for the 2021-2022 fiscal year were billed to members. Dues receivable for 2022 (i.e., those billed in item 4 above) were partially collected. 4 5. Liabilities Assets Com Stock Unearn. Sales Rev. 22,080 Cash Accts. Rec. 18,240 Beg. Bal. 1. 2 . . 3b. Question 4 of 8 -15 Com. Stock Stockholders' Equity Retained Earnings Exp. Rev. Div ) I Attempts: 0 of 1 used Submit Are Save for Later
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