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Question 4 (3.75 points) The UNB Reds Hockey team sells season tickets for its regular home games from October through March. Each season ticket sells
Question 4 (3.75 points) The UNB Reds Hockey team sells season tickets for its regular home games from October through March. Each season ticket sells for $300, and is good for six home games. In October, 2020, 150 season tickets were sold, and the proceeds recorded to Unearned Revenue. By December 31, 2020, two home games had been played. What is the balance that should remain in Unearned Revenue after adjusting entries for year-end have been completed? $15,000 $37,500 $30,000 $45,000
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