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O debit Rent Expense, V10,000; credit Prepaid Rent 10,000 Question 13 (2 points) Middle City College sold season tickets for the 2020 football season
O debit Rent Expense, V10,000; credit Prepaid Rent 10,000 Question 13 (2 points) Middle City College sold season tickets for the 2020 football season for $400,000. The season consists of a total of 8 games. These will be played during September, October and November. In September, two games were played. In October, three games were played. The adjusting entry at October 31 is DR Ticket Revenue $150,000; CR Unearned Revenue $150,000 O DR Unearned Revenue $150,000; CR Ticket Revenue $150,000 DR Unearned Revenue $250,000; CR Ticket Revenue $250,000 DR Ticket Revenue $250,000; CR Unearned Revenue $250,000 Question 14 (2 points) Saved
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