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Metlock University sells 5,600 season basketball tickets at $50 each for the entire 10-game home schedule. (a) Give the entry to record the sale of

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Metlock University sells 5,600 season basketball tickets at $50 each for the entire 10-game home schedule. (a) Give the entry to record the sale of the season tickets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Accounts Receivable 280,000 Notes Payable 280.000 (b) Give the entry to record the revenue recognized after playing the first home game. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Accounts Payable 28000 Service Revenue 28.000

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