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The University of Nebraska football stadium is the third largest city in the state of Nebraska on game days. The stadium has sold out every
The University of Nebraska football stadium is the third largest city in the state of Nebraska on game days. The stadium has sold out every game since the late 1960s. The seating capacity is about 16,800. Assume the stadium sells out all 14 home games before the season begins, and the athletic department collects $27,048,000 in ticket sales. Required: 1. What is the average price per season ticket and average price per individual game ticket sold? 2. \& 3. Record the advance collection of $27,048,000 in ticket sales and the revenue earned after the first home game is completed Complete this question by entering your answers in the tabs below. What is the average price per season ticket and average price per individual game ticket sold? (Enter your answers in dollars, not in millions (i.e. $5.5 million should be entered as 5,500,000 ).) Journal entry worksheet Record the advance collection of $27,048,000 in ticket sales. Note: Enter debits before credits. Journal entry worksheet Record the revenue earned after the first home game is completed. Note: Enter debits before credits
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