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please help me solve! Mereury, Ine. sels tickets in advance for is woelly peoductions and reconds the proceeds as Unesmed Revenue. Ar the end of
please help me solve!
Mereury, Ine. sels tickets in advance for is woelly peoductions and reconds the proceeds as Unesmed Revenue. Ar the end of each month, the cempary makes an adjusing enty to acceunt for the fokets used during the menth (ticket revenue.) On March 1, the Unesmed Revenue account had a credt balance of 56 , ood, representing 400 tokets at 520 ench. During March, Mercury sold an additonal 600 tickels at 520 each, and 550 fickeas were uned duaring the month. What is the balance in Uneamed Revenue at the end of March? A. credit bulance of 58.000 B. credt balanoe of 59.000 C. debit balance of $0,000 D. deber balance of $8,000 Step by Step Solution
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