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T. Boone Pickens football stadium at Oklahoma State University has a seating capacity of about 40,000. Assume the stadium sells out all eight home games
T. Boone Pickens football stadium at Oklahoma State University has a seating capacity of about 40,000. Assume the stadium sells out all eight home games before the season begins and the athletic department collects $30 million in ticket sales. Required: 1. What was the average price per season ticket and average price per individual game ticket sold? 2. & 3. Record the following transactions for the ticket sales. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 What was the average price per season ticket and average price per individual game ticket sold? (Round your intermediate and final answer to the nearest dollar amount.) Average price per season ticket Average price per individual game ticket Req 1 Req 2 and 3 What was the average price per season ticket and average price per individual game ticket sold? (Round your in and final answer to the nearest dollar amount.) Average price per season ticket Average price per individual game ticket Req 1 Req 2 and 3> Req 1 Req 2 and 3 Record the following transactions for the ticket sales. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars rounded to the nearest dollar amount, not in millions. For example, 1,200,000 rather than 1.2.) View transaction list Journal entry worksheet > 1 2 Record the advance collection of $30 million in ticket sales. Note: Enter debits before credits. Transaction 1 General Journal Debit Credit Journal entry worksheet < 1 2 Record the revenue recognized after the first home game is completed. Note: Enter debits before credits. Transaction 2 General Journal Debit Credit
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