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QUESTION 13 Dubai Football Academy sold season tickets for the 2016 football season for AED 60,000. A total of 8 games will be played

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QUESTION 13 Dubai Football Academy sold season tickets for the 2016 football season for AED 60,000. A total of 8 games will be played during September, October and November. In September, two games were played. In October, three games were played. The balance in Unearned Revenue at October 31 is. OA AED 22,500 B. AED 0 OC. AED 15,000 OD. AED 37,500 QUESTION 14 If total Assets decreased by AED 5,000, then OA. The total Liabilities and equity decreased by AED 5,000. B. Assets decreased by AED 5,000 and equity increased by AED 5,000. OC. Liabilities must have decreased by AED 5,000 only OD. Equity must have increased by AED 5,000.

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