Nina's theater company sells 677 season ticket packages at a price of $25 per package. The ticket package includes 9 shows. After the 1st show, the remaining balance in unearned revenue will be: $ ABC Airlines collects $300 for a roundtrip ticket from Chicago to Los Angeles. The flights will not occur until the next accounting period. How does ABC Airlines record the $300 collected ? 1. Debit Cash $300, credit service revenue $300 2. Debit cash, credit unearned revenue 3. Debit unearned revenue, credit service revenue 4. Debit cash, credit accounts receivable