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Southeast Airline sold 100 tickets on May 21 for travel in September. Each ticket was sold for $800. The journal entry to record the sale
Southeast Airline sold 100 tickets on May 21 for travel in September. Each ticket was sold for $800.
The journal entry to record the sale of 100 tickets on May 21 is:
| Sales revenue | 800,000 | |
| Unearned ticket revenue | 800,000 |
| Cash | 800,000 | |
| Sales revenue | 800,000 |
| Cash | 800,000 | |
| Unearned ticket revenue | 800,000 |
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Accountants Truth Knowledge And Ethics In The Financial World
Authors: Matthew Gill
1st Edition
0199547149, 9780199547142
