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On December 3, the Commanders sold a six-game pack of advance tickets for $3,150 cash. On December 20, the Commanders played the first game of
On December 3, the Commanders sold a six-game pack of advance tickets for $3,150 cash. On December 20, the Commanders played the first game of the six-game pack (this represented one-sixth of the advance ticket sales). Record the entry for the December 20 transaction: Multiple Choice Debit Prepaid Tickets $525; credit Unearned Revenue $525. Debit Unearned Revenue $525, credit Ticket Revenue $525. Debit Cash $525, credit Ticket Revenue $525. Debit Prepaid Subscriptions $525, credit Ticket Revenue $525. Debit Unearned Revenue $525; credit Cash $525.
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