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Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $54. For
Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $54. For the 2022 season, 4,400 season tickets were sold. Required: a-1. Use the horizontal model to show the effect of the sale of the season tickets. Indicate the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $54. For the 2022 season, 4,400 season tickets were sold. b-1. Use the horizontal model to show the effect of presenting an event. Indicate the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $54. For the 2022 season, 4,400 season tickets were sold. a-2. Record the journal entry to show the effect of the sale of the season tickets. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the cash collection for season ticket sales made in advance. Note: Enter debits before credits
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