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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 $78. For

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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 $78. For the 2019 season, 1,010 season tickets were sold. Required: a-1. Use the horlzontal model to show the effect of the sale of the season tickets. Indicate the financlal statement effect. (Enter decreases with a minus sign to indlcate a negative financlal statement effect.) Required Information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. -2. Record the Journal entry to show the effect of the sale of the season tickets. (If no entry is required for a transaction/event, elect "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 cred ts. Required Information [The following information applles to the questions displayed below.] KIrkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. b-1. Use the horlzontal model to show the effect of presenting an event. Indicate the financlal statement effect. (Enter decreases with a minus sign to indicate a negatlve financial statement effect.) Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. -2. Record the journal entry to show the effect of presenting an event. (If no entry is required for a transaction/event, select "No ournal entry required" in the first account field.) Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $78. For the 2019 season, 1,010 season tickets were sold. Where on the balance sheet would the account balance representing funds recelved for performances not yet presented be classlfie Multiple Choice Current llablity Current asset Required information [The following information applies to the questions displayed below.] KIrkland Theater sells season tickets for sIX events at a price of $78. For the 2019 season, 1,010 season tickets were sold. Required: a-1. Use the horlzontal model to show the effect of the sale of the season tickets. Indicate the financlal statement effect. (Enter decreases with a minus sign to indlcate a negative financlal statement effect.) Required Information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. -2. Record the Journal entry to show the effect of the sale of the season tickets. (If no entry is required for a transaction/event, elect "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 cred ts. Required Information [The following information applles to the questions displayed below.] KIrkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. b-1. Use the horlzontal model to show the effect of presenting an event. Indicate the financlal statement effect. (Enter decreases with a minus sign to indicate a negatlve financial statement effect.) Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for slx events at a price of $78. For the 2019 season, 1,010 season tickets were sold. -2. Record the journal entry to show the effect of presenting an event. (If no entry is required for a transaction/event, select "No ournal entry required" in the first account field.) Required information [The following information applies to the questions displayed below.] Kirkland Theater sells season tickets for six events at a price of $78. For the 2019 season, 1,010 season tickets were sold. Where on the balance sheet would the account balance representing funds recelved for performances not yet presented be classlfie Multiple Choice Current llablity Current asset

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