Sports, Inc. plans to sell season football tickets for the 10 games played from September through...
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Sports, Inc. plans to sell season football tickets for the 10 games played from September through November The tickets sell for $45 per season package On April 30, the office reports that it has sold 200 season ticket packages The correct entry to record the sale of the season tickets is A debit Cash and credit Unearned Revenue for $10,000 O B. debit Cash and credit Unearned Revenue for $9 000 OC debit Unearned Revenue and credit Revenue for $9.000. O D. debit Cash and credit Revenue for $9,00 Sports, Inc. plans to sell season football tickets for the 10 games played from September through November The tickets sell for $45 per season package On April 30, the office reports that it has sold 200 season ticket packages The correct entry to record the sale of the season tickets is A debit Cash and credit Unearned Revenue for $10,000 O B. debit Cash and credit Unearned Revenue for $9 000 OC debit Unearned Revenue and credit Revenue for $9.000. O D. debit Cash and credit Revenue for $9,00
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Unearned revenue will be recognized only when reven... View the full answer
Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
Posted Date:
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