Lily University sells 5,500 season basketball tickets at $ 252 each for its 14-game home schedule.

Lily University sells 5,500 season basketball tickets at $ 252 each for its 14-game home schedule. Give the entry to record (a) the sale of the season tickets and (b) the revenue recognized after playing the first home game. (Credit account titles are automatically indented when amount is entered. Do not Indent manually) No. Account Titles and Explanation Debit Credit (a) (To record sale of season tickets) (b) (To record basketball ticket revenues earned)