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View Policles Current Attempt in Progress The following selected data are taken from the comparative financial statements of Cullumber Curling Club. The club prepares
View Policles Current Attempt in Progress The following selected data are taken from the comparative financial statements of Cullumber Curling Club. The club prepares its financial statements using the accrual basis of accounting. September 30 2025 2024 Accounts receivable for member dues $17.900 $12.400 Unearned sales revenue 20,900 27,300 Service revenue (from member dues) 141,100 139,500 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 will find it helpful to use T-accounts to analyze the following data. You must analyze these data sequentially, as missing information must first be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.) Jal Information must first be deduced before moving on. Post your journal entries as you progress, rather than waiting until the end.) (a) D Prepare journal entries for each of the following events that took place during 2025. (List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically Indented when the amount is entered. Do not indent manually) 1. Dues receivable from members from 2024 were all collected during 2025. 2 3. During 2025, goods were provided for all of the unearned sales revenue at the end of 2024, Additional tickets were sold for $39,100 cash during 2025; 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 2025. 4. Dues for the 2024-2025 fiscal year were billed to members. 5. Dues receivable for 2025 (ie., those billed in item 4 above) were partially collected. No. Account Titles and Explanation 1. Debit Credit No. Account Titles and Explanation 2. 3 (To record sale of additional ticket 4 (fe record unnamed sales revenue eamed) Debit Credit
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