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Hilman University sells 5,351 season basketball tickets at $67 each for its 10-game home schedule. Give the entry to (a) record the sale of the
Hilman University sells 5,351 season basketball tickets at $67 each for its 10-game home schedule. Give the entry to (a) record the sale of the season tickets and (b) the revenue earned by playing the first home game. Account/Description Debit Credit Cash ........ Unearned basketball ticket revenue........ (To record sale of 5,351 season tickets) Unearned basketball ticket revenue...... Basketball ticket revenue......... (To record basketball ticket revenue earned)
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