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Hi. Are my answers correct, can you please check? If not, please write it correctly . Thanks T. Boone Pickens football stadium at Oklahoma State
Hi. Are my answers correct, can you please check? If not, please write it correctly. Thanks
T. Boone Pickens football stadium at Oklahoma State University has a seating capacity of about 55,000. Assume the stadium sells out all six home games before the season begins and the athletic department collects $28 million in ticket sales. 1. What was the average price per season ticket and average price per individual game ticket sold? (Round your answers to the nearest dollar amount.) Average price per season ticket Average price per individual game ticket $ $ 509 85 2. & 3. Record the following transactions for the ticket sales. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions. Round your answers to the nearest dollar amount.) View transaction list View journal entry worksheet No Transaction General Journal Credit Debit 28,000,000 Cash Deferred Revenue 28,000,000 4,666,667 Deferred Revenue Sales Revenue 4,666,667Step by Step Solution
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