Question
EBN Sports operates a game facility. They offer monthly memberships for and also offer guest passes for nonmembers. They also sell gift cards and offer
EBN Sports operates a game facility. They offer monthly memberships for and also offer guest passes for nonmembers. They also sell gift cards and offer concession snacks and drinks. During the month of February, EBN Sports had the following activities take place.
Received $8,896 cash from customers for membership services that had been earned in February.
Received $6,707 cash from corporate customers billed in January for concession snacks and drinks provided for corporate events in January
Received $2,851 cash from Andeavor as an advance on a company party to be held in March. What is the total net increase to assets in February?
can you explain
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