SheridanUniversity sells 6,100 season basketball tickets at $125 each for its 10-game home schedule. Give...
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Accounting
SheridanUniversity sells 6,100 season basketball tickets at $125 each for its 10-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 | Debit | Credit |
---|---|---|---|
(a) | enter an account title to record the sale of the season tickets | enter a debit amount | enter a credit amount |
enter an account title to record the sale of the season tickets | enter a debit amount | enter a credit amount | |
(b) | enter an account title to record the revenue recognized by playing the first home game | enter a debit amount | enter a credit amount |
enter an account title to record the revenue recognized by playing the first home game | enter a debit amount | enter a credit amount |
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