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Waterway University sells 5,100 season basketball tickets at $263 each for its 15-game home schedule. Give the entry to record (a) the sale of the
Waterway University sells 5,100 season basketball tickets at $263 each for its 15-game home schedule. Give the entry to record (a) the sale of the season tickets and (b) the revenue recognized after playing the first home game. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation (a) (b) (To record sale of season tickets) (To record basketball ticket revenues earned) Debit Credit
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