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Dohfar University sells 4,000 season basketball tickets at OMR 120 each for its 12-games home schedule. Give the entry to record the revenue earned by
Dohfar University sells 4,000 season basketball tickets at OMR 120 each for its 12-games home schedule. Give the entry to record the revenue earned by playing the first home game.
a.
Debit Basketball Ticket Revenue OMR 40,000; Credit Unearned Basketball Ticket Revenue OMR 40,000
b.
Debit Unearned Basketball Ticket Revenue OMR 40,000; Credit Cash OMR 40,000
c.
Debit Unearned Basketball Ticket Revenue OMR 40,000; Credit Basketball Ticket Revenue OMR 40,000
d.
Debit Cash OMR 40,000; Credit Unearned Basketball Ticket Revenue OMR 40,000
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