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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: out of question O a. Debit Cash 160,000 and credit Service revenue 160,000 b. Debit Cash 160,000 and credit Ticket revenue 160,000 Oc. Debit Cash 160,000 and credit Sales revenue 160,000 O d. Debit Cash 160,000 and credit unearned ticket revenue 160,000
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