Homework Answers
a) Season ticket sold = 1456000/280 = 5200 Tickets
b) Home games played = (1456000-936000)/20 = 5 games
c) Journal entry
| Account title and explanation | Debit | Credit |
| Cash | 1456000 | |
| Unearned ticket revenue | 1456000 |
c) Journal entry
| Account title and explanation | Debit | Credit |
| Unearned ticket revenue (1456000/14) | 104000 | |
| Ticket revenue | 104000 |
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Bramble University sells 3,200 season basketball tickets at $45 each for the entire 10 game home...
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Washburn University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. (a)...
Washburn University sells 3,500 season basketball tickets at $80
each for its 10-game home schedule.
(a) Give the entry to record the sale of the
season tickets. (Credit account titles are automatically indented when amount
is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
(b) Give the entry to record the
revenue recognized after playing the first home game. (Round answers to 0 decimal places, e.g. 125.
Credit account titles are automatically indented when amount is
entered....
Brief Exercise 10-4 Derby University sells 4,400 season basketball tickets at $280 each for its 11-game...
Brief Exercise 10-4
Derby University sells 4,400 season basketball tickets at $280 each
for its 11-game home schedule.
Give the entry to record (a) the sale of the season tickets and (b)
the revenue recognized by 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)
(b)
Brief Exercise 10-4 Derby University sells 4,400 season basketball tickets at $280 each for its 11-game...
Brief Exercise 10-4
Derby University sells 4,400 season basketball tickets at $280 each
for its 11-game home schedule.
Give the entry to record (a) the sale of the season tickets and (b)
the revenue recognized by 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)
(b)
Season tickets for the Dingos are priced at $440 and include 22 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $2,464,000. By the end of October, $1,904,000 of the Unearned Ticket Revenue had been recognized as revenue. How many season tickets did the Dingos sell? Season tickets sold by Dingos LINK TO TLXI LINK TO VIDEO How many home games had the...
Exercise 10-6 Season tickets for the Dingos are priced at $260 and include 13 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $1,547,000. By the end of October, $952,000 of the Unearned Ticket Revenue had been recognized as revenue. (Ctrl) RCES How many season tickets did the Dingos sell? Season tickets sold by Dingos udy. SHOW LIST OF ACCOUNTS LINK TO TEXT...
Exercise 10-6 Season tickets for the Dingos are priced at $260 and include 13 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $1,547,000. By the end of October, $952,000 of the Unearned Ticket Revenue had been recognized as revenue. Prepare the entry to recognize the revenue after the first home game had been played. (CM Account Titles and Explanation Debit Credit
View Policies Current Attempt in Progress Kingbird University sells 3,000 season basketball tickets at $40 each for the entire 10-game home schedule. (a) Give the entry to record the sale of the season tickets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (b) Give the entry to record the revenue recognized after playing the first home game. (Credit account titles are automatically indented when amount is entered. Do not indent...
Bramble University sells 3,200 season basketball tickets at $45 each for the entire 10 game home schedule. Give the entry to record the sale of the season tickets. (Credit account titles are automatically indented when amount is entered. Do not inden Account Titles and Explanation Debit Credit Give the entry to record the revenue recognized after playing the first home game. (Credit account titles are automatically indented when amour Account Titles and Explanation Debit Credit eTextbook and Media
Washburn University sells 3,500 season basketball tickets at $80
each for its 10-game home schedule.
(a) Give the entry to record the sale of the
season tickets. (Credit account titles are automatically indented when amount
is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
(b) Give the entry to record the
revenue recognized after playing the first home game. (Round answers to 0 decimal places, e.g. 125.
Credit account titles are automatically indented when amount is
entered....
Brief Exercise 10-4
Derby University sells 4,400 season basketball tickets at $280 each
for its 11-game home schedule.
Give the entry to record (a) the sale of the season tickets and (b)
the revenue recognized by 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)
(b)
Brief Exercise 10-4
Derby University sells 4,400 season basketball tickets at $280 each
for its 11-game home schedule.
Give the entry to record (a) the sale of the season tickets and (b)
the revenue recognized by 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)
(b)
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