The following selected data are taken from the comparative financial statements of Pronghorn Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 Accounts receivable for member dues Unearned sales revenue Service revenue (from member dues) 2017 $19,500 19,600 149,900 2016 $10,100 27,600 136,500 Dues are billed to members based upon their use of the club's facilities. Unearned sales revenues arise from the sale of tickets to events, such as the Skins Game. (Hint: You must analyze these data sequentially, as missing information must first be deduced before moving on.) * Question 6 Your answer is partially correct. Try again. Use the tabular summary that includes selected accounts and balances to record the following events that took place during 2017. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) 1. Dues receivable from members from 2016 were all collected during 2017. 2. During 2017, goods were provided for all of the unearned sales revenue at the end of 2016. 3. Additional tickets were sold for $38,100 cash during 2017; a portion of these were used by the purchasers during the year. The entire balance remaining in Unearned Sales Revenue relates to the upcoming Skins Game in 2017. 4. Dues of $149,900 for the 2016-2017 fiscal year were billed to members. 5. Dues receivable for 2017 (i.e., those billed in item 4 above) were partially collected. Assets = Liabilities + Cash Stockholders' Equity Retained Earnings Rev. - Exp. - Unearn. Sales Rev. 27,600 Com. Stock + + Accts. Rec. = 10,100 Div Beg. Bal. x 1. $19,500 Il $19,500 119,600 3a. 38,100 * X 136,500 136,500 5.T126400 26400 End. Bal 19,500