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NTING PRINCIPLES II Section Lecture (2 My courses / ACCOUNTING PRINCIPLES II Section Lecture (20202_020111021 AAUP JENIN) / 19 June 25 June / Second Time left 0:49:46 Tannin Bus Co. sold 8,000 tickets on 1/5/2020 at $20 each for four-month period from 1/5/2020 to 31/8/2020 Assuming that Tannin Co. prepares the financial statements on 31/7/2020, the unearned ticket revenue should be reported at: stion. a $120,000 b. $160,000 O $80,000 d. $40,000 page Next page Moodle and UM SOUND DOLL - GO %. S 4 T 3 % 5 E 6 7 7 Y 8 9 9 O W E R . Y U 0 6: 1 S D F G H 1 ag ... s 1 X V BY NT M 5 ? 1 > ALE ALL Cm