Sports Entertainment Ltd sells season tickets to customers, allowing them to attend 12 sports events over a season. The full season tickets are sold for $1,000 by start of season on 1 March 2021. The first game is on 15 March. The second is on March 31. The company sells 1,200 full-season tickets. Discounted tickets are also sold throughout the season. 1,000 Tickets are sold after the first game and before the second on a pro-rated basis (on 31 March, 2020). At the first game 400 tickets are sold at the gate for that (single) game. These gate tickets are sold for $120 for adults, and $70 for children under 12 years of age. 85% of the tickets sold are for people 12 or over. There are no gate sales for the second game.

Required: Calculate the sales revenue and prepare journal entries up to the end of the second sports event. Provide narrations