1- Mullins Real Estate received a check for 30,000 on July 1 which represents a 6 month advance payment of rent on a building it rents to a client. Unearned Rent Revenue was credited for the full 30,000. Financial statements will be prepared on July 31. Mullins Real Estate should make the following adjusting entry on July 31:

2- Bolton Wanderers sold season tickets for the 2020 football season for 250,000. A total of 8 games will be played during September, October and November. In September, two games were played. In October, three games were played. The balance in Unearned Ticket Revenue at October 31 is