Season tickets for the Dingos are priced at $220 and include 11 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 $1,287,000. By the end of October, $702,000 of the Unearned Ticket Revenue had been recognized as revenue.

Exercise 10-6 Season tickets for the Dingos are priced at $220 and include 11 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 $1,287,000. By the end of October, $702,000 of the Unearned Ticket Revenue had been recognized as revenue. Season tickets sold by Dingos SHOW LIST OF ACCOUNTSSHOW SOLUTION LINK TO TEXT VIDEO: SIMILAR EXERCISE How many home games had the Dingos played by the end of October? Home games played by Dingos SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare the entry for the initial recording of the Unearned Ticket Revenue. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR EXERCISE Prepare the entry to recognize the revenue after the first home game had been played. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work