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Sheridan University sells 5,700 season basketball tickets at $234 each for its 13-game home schedule. Give the entry to record (a) the sale of
Sheridan University sells 5,700 season basketball tickets at $234 each for its 13-game home schedule. Give the entry to record (a) the sale of the season tickets and (b) the revenue recognized by playing the first home game. (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) No. Account Titles and Explanation Debit Credit (a) (b) (To record sale of season tickets) (To record basketball ticket revenue)
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