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Question 5 of 7 View Policies Show Attempt History Current Attempt in Progress Season tickets for the Wildhorse are priced at $ 3 0 0

Question 5 of 7
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Show Attempt History
Current Attempt in Progress
Season tickets for the Wildhorse are priced at $300 and include 15 home games. An equal amount of revenue is recognized after each
game is played. When the season began, the amount credited to Unearned Ticket Revenue was $1,815,000. By the end of October,
$1,210,000 of the Unearned Ticket Revenue had been recognized as revenue.
(a)
V Your answer is correct.
How many season tickets did the Wildhorse sell?
Season tickets sold by Wildhorse
eTextbook and Media
List of Accounts
Attempts: unlimited
(b)
Your answer is correct.
How many home games had the Wildhorse played by the end of October?
Home games played by Wildhorse
eTextbook and Media
List of Accounts (c)
Your answer is incorrect.
Prepare the entry for the initial recording of the Unearned Ticket Revenue. (List all debit entries before credit entries. Credit account
titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account
titles and enter 0 for the amounts.)
Account Titles and Explanation
Debit
Credit
eTextbook and Media
List of Accounts
Last saved 11 minutes ago.
Attempts: unlimited
Saved work will be auto-submitted on the due date. Auto-
submission can take up to 10 minutes.
(d)
Prepare the entry to recognize the revenue after the first home game had been played. (List all debit entries before credit entries.
Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"
for the account titles and enter 0 for the amounts.)
Account Titles and Explanation
eTextbook and Media
List of Accounts
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