3 For each of the following separate situations, determine how much revenue is recognized in December (using accrual basis accounting) a. On December 7, Oklahoma City Thunder sold a $90 ticket to a basketball game to be played in March. b. Tesla sold and delivered a $58,000 car on December 25. The customer will not pay until February c. Deloitte signs a contract on December 1 to provide 40 days of advisory services with receipt of $10,000 due at the end of the contract. On December 31,75% of the services have been completed." 10 points Skipped Revenue recognized Situations a. Sale of a ticket to a basketball game D. Sale of a car on credit c. Contract to provide advisory services eBook Print References