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For each of the following separate situations, determine how much revenue is recognized in December (using accrual basis accounung) a. On December 7. Oklahoma City

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For each of the following separate situations, determine how much revenue is recognized in December (using accrual basis accounung) a. On December 7. Oklahoma City Thunder sold a $114 ticket to a basketball game to be played in March b. Tesla sold and delivered a $82,000 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 $34,000 due at the end of the contract. On December 31, 75% of the services have been completed Revenue recogn uations a. Sale of a ticket to a basketball game b. Sale of a car on credit Contract to provide advisory services

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