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1 For each of the following separate situations, determine how much revenue is recognized in December ( using accrual basis accounting ) . 0 0

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1
For each of the following separate situations, determine how much revenue is recognized in December (using accrual basis accounting).
0050.06
0. On December 7, Oklahoma City Thunder sold a $94 ticket to a basketball game to be played In March.
b. Tesla sold and dellvered a $62,000 car on December 25. The customer will not pay until February.
c. Deloitte signs a contract on December 1 to provice 40 days of advisory services with recelpt of $14,000 due at the end of the contract: On December 31,75% of the services have been completed.
\table[[Situations,\table[[Revenue recognized in],[December]]],[a. Sale of a ticket to a basketball game,],[b. Sale of a car on credit,],[c. Contract to provide sdvisory services,]]
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