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The Houston Mavericks basketball team receives $6,000. for season tickets on August 1. By December 31, $3,600 of the revenue has been earned. The adjusting
The Houston Mavericks basketball team receives $6,000. for season tickets on August 1. By December 31, $3,600 of the revenue has been earned. The adjusting entry to be made on December 31 includes a:
A.debit to Ticket Revenue of $3,600.
B.credit to Prepaid Revenue of $2,400.
C.debit to Unearned Revenue of. $3,600.
D. credit to Unearned Revenue of $3,600.
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