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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. The journal entry for selling the
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. The journal entry for selling the 8,000 tickets on 1/5/2020 is: Debit Cash 160,000 and credit Ticket revenue 160,000 b. Debit Cash 160,000 and credit unearned ticket revenue 160,000 OC. Debit Cash 160,000 and credit Service revenue 160,000 d. Debit Cash 160,000 and credit Sales revenue 160,000
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Fraud Auditing And Forensic Accounting
Authors: Tommie W Singleton, Aaron J Singleton, G Jack Bologna, Robert J Lindquist
4th Edition
047056413X, 9780470564134
