ht Homework The Universty of Michigan football stadium, built in 1927, is the largest college stadium in Amenca, with a seating capacity of 103 500 fans. Assume the stadium sells out al six home games before the season begins, and the athietc department collects $11799 milion in scket sales Required 1. What is the average price per season ticket and average price per individual game ncket sold? (Enter your answers in dollars, not in millions Be. $5.5 million should be entered as 5.500.000)) Per season bcket Per ndnal gane tcket nces 2.&3. Record the advance collection of $11799 mon in ticket soles anid the revenue eamed ofter the fest home geme is completed f no entry is required for a tiansaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in milions (Le. $5.5 million should be entered as 5.500.0001 Vew transaction Journal entry worksheet Record the advance collection in ticket sales te r debts bef r Transaton deneral Jouma Debit Cred eerd ry vwwge Crntry Type here to search PrtScn Hc FS NT 2 5 6 mework The University of Michigan football stadium, built in 1927, is the largest college stadium in America, with a seating capacity of 103,500 ans. Assume the stadium sells out all six home games before the season begins, and the athletic department collects $11799 million in ticket sales Required: 1. What is the average price per season ticket and average price per individual game ticket sold? (Enter your answers in dollars, not in millions (i.e. $5.5 million should be entered as 5,500,000)) Per season Scket Per individual game tickets 2.&3. Record the advence collection of $11799 mllion in ticket sales and the revenue eamed after the first home game is completed f no entry is required for a transaction/event, select "Ne Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (ie. $5.5 million should be entered as 5,500,000)) Vew transaction tt Journal entry worksheet 1 2 Record the revenue recognized after the first hoe game is completed Note: Eter deits before edit Transactien General Journal Debis Credt ry vww.genea CHar entre Type here to search DrtCce F2 E3