1 of 2 1 ook int ences Required information [The following information applies to the questions displayed below.] A local theater company sells 1,900 season ticket packages at a price of $260 per package. The first show in the 10-show season starts this week. (a) The sale of the season tickets before the first show. (b) The revenue from fulfilling the performance obligation by putting on the first show. 1. Indicate the effects of the amounts for the above transactions. (Enter any decreases to assets, liabilities, or stockholders equity with a minus sign.) (a) Cash (b) Assets Liabilities Stockholders' Equity

Required infermntion The following information inplies to the questions dibplayed below) A focai theater compamy selis 1,900 season ticket packages at o price of $260 per pockage. The first show in the to-show seosoin starts this week (a) The sale of the season lickets before the first show. Wh The ievenve fiom furatsing the performance oblgation by puting on the first show 1. Indicate the effects of the arnounts for the above trantactions (Enter any decreases to assets, liebilities, or stochholders equity with a minus sign.)