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QUESTION 1 Bramble University sells 3,800 season basketball tickets at $80 each for its 8-game home schedule Bramble considers revenue to be earned proportionately
QUESTION 1 Bramble University sells 3,800 season basketball tickets at $80 each for its 8-game home schedule Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account i abbreviations: REV revenues: CASH Cash; UNREV unearned revenue; PRE Prepaid tickets. Do not include $ signs for dollar amounts, Show the journal entry to record the cash sale of the 3,800 season tickets. Debit Credit Show the journal entry to record the revenue recognized after Bramble's basketball team plays the first home game Debit Credit: After the 3rd game is completed, how much total revenue will Bramble have recognized from the season tickets? $ After the 6th game is completed, what is Bramble's remaining liability for unplayed games? $ Save Seve and Submit
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