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Bridgeport University sells 5,600 season basketball tickets at $50 each for its 10 -game home schedule. Prepare a tabular summary to record (a) the sale

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Bridgeport University sells 5,600 season basketball tickets at $50 each for its 10 -game home schedule. Prepare a tabular summary to record (a) the sale of the season tickets and (b) the revenue recognized after playing the first home game. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Lablitiles or Stockhoiders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equily item that was reduced.) Bridgeport University sells 5,600 season basketball tickets at $50 each for its 10 -game home schedule. Prepare a tabular summary to record (a) the sale of the season tickets and (b) the revenue recognized after playing the first home game. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Labilities or Stockholders' Equily, ploce a negative sign (or parentheses) in front of the amount entered for the particular Asset, Llability or Equity item that was reduced

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