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je: .00 points xercise 5-1 Service revenue [LO5-1] Ipine West, Inc., operates a downhill Ski area near Lake Tahoe, California. An all-day, adult ticket can be urchased for $60. Adult customers also can purchase a season pass that entities the pass holder to ski my day during the season, which typically runs from December 1 through April 30. The season pass is ontransferable, and the $420 price is non refundable. Alpine expects its season pass holders to use their masses equally throughout the season. The company's fiscal year ends on December 31. On November 6, 2013, Jake Lawson purchased a season ticket. Required: 1. When should Alpine West recognize revenue from the sale of its season passes? Full amount after the season Full amount before the season Equally throughout the season 2. Prepare the appropriate journal entries that Alpine would record on November 6 and December 31. (If no entry is required for a particular transaction, select "No journal entry required in the first account field. Use months, rather than days, to calculate the earned and unearned revenue amounts.) View transaction list Journal entry worksheet 1 2 Prepare any journal entry required on November 6, 2013. Date General Journal Nov. 6, 2013 Record entry Clear entry View general journal 3. What will be included in the 2013 income statement and 2013 balance sheet related to the sale of the season pass to Jake Lawson? Income statement Current liability section of the balance sheet Hints References Hint #1 Ask your instructor a question Check my work