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A local theater company sells 1750 season ticket packages at a price of $320 per package. The first show in the ten-show season starts this

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A local theater company sells 1750 season ticket packages at a price of $320 per package. The first show in the ten-show season starts this week (a) The sale of the season tickets before the first show. b) The revenue earned after putting on the first show. References Section Break M10 1 Recording Uneamned Revenues $LO 1012) Required info 0.52 points M10-1 Part 1 1. Indicate the effects of the amounts for the above transactions. (Enter any dacreases to account balances with a minus sign.) Liabilities Assets M10-1 Part 2 2. Prepare the journal entries related for the above transactions. (If no entry is required for transaction/event, solect "No Journal Entry Required" In the first account fleld.) View transaction list Journal entry worksheet A local theater company shis 1,750 season ticket packages at a price of $320 per package. Record the revenue before the first show. Note: Enter debits before credits nsaction General Journal Debit Credit Record entry Clear entry View general journal References eBook & Resources General Journal Oifficultly 1Easy M10-1 Part2 2. Prepare the jounal entries related for the above transactions. (If no entry is required for a transactionlevent, select "No Journal Entry Required In the first account field.) View transaction list Journal entry worksheet A local theater company sells 1,750 season ticket packages at a price of $320 per package. Record the revenue after the first show. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal References eBook & Resources General Journal Dificulty 1 Easy

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