Question
Fugazi City College sold season tickets for the 2013 football season for $200,000. A total of 8 games will be played during September, October and
Fugazi City College sold season tickets for the 2013 football season for $200,000. A total of 8 games will be played during September, October and November. Assuming all the games are played, the Unearned Ticket Revenue balance that will be reported on the December 31 balance sheet will be
| a. | $0. |
| b. | $75,000. |
| c. | $125,000. |
| d. | $200,000. |
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The Audit Process Principles Practice And Cases
Authors: Iain Gray, Stuart Manson
3rd Edition
1861529465, 9781861529466
