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Prepare the adjusting entry, if any, required on June 30, the end of the fiscal year, if a company on June 1, sold season tickets

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Prepare the adjusting entry, if any, required on June 30, the end of the fiscal year, if a company on June 1, sold season tickets for admission to a sports event. The sporting season is six months of the year with 20 playing days each month. Season ticket sales totalled $66,000. The company recorded all prepaid costs as assets and all revenue collected in advance as liabilities. Do NOT use commas or dollar signs in your response. Debit to Credit to

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