Fugazi City College sold season tickets for the 2013 football season for $200,000. A total of 8 games will be played during September, October and November. In September, three games were played. The adjusting journal entry at September 30:a. will include a debit to Ticket Revenue and a credit to Unearned Ticket Revenue for $80,000. b. is not required. No adjusting entries will be made until the end of the season in November. c. will include a debit to Cash and a credit to Ticket Revenue for $60,000. d. will include a debit to Unearned Ticket Revenue and a credit to Ticket Revenue for $90,000.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Fugazi City College sold season tickets for the 2013 football season for $200,000. A total of 8 games will be played during September, ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
A problem with the cpi is that it measures the price of only food and clothing while ignoring what happens to the prices to such important items as mediacal care and energy?
Answers (1)
The product variable of the marketing mix can include all of the following except: a. consumer perception of the product price. b. development of product packaging. c. repair services. d. creation of brand names. e. warranty issues
Answers (1)
On June 15, a food wholesaler sold 100 cases of canned soup to Happy Foods for $30 per case with terms of 2/10, n/30.
Answers (1)
Tina Dooley, a salesperson, ordered this listing in the real estate section of the local phone directory: Tina Dooley, Real Estate Salesperson, Residential Property My Specialty." What additional information must be included
Answers (1)
The SP Corporation makes 38,000 motors to be used in the production of its sewing machines. The average cost per motor at this level of activity is: Direct materials $ 9.70 Direct labor $ 8.70 Variable manufacturing overhead $ 3.
Answers (1)
New Questions in Business
Railway Cabooses just paid its annual dividend of $3.90 per share. The company has been reducing the dividends by 12.4 percent each year.
Answers (1)
It's important to know whether you've paraphrased and cited source material for your paper correctly so you avoid plagiarism. Read the original quote below and the two attempts to paraphrase it.
Answers (1)
If the inflation rate increases faster than their income. True or False
Answers (1)
Which type of wan connection is not shared with other users and has continuously available communications channels?
Answers (1)
The Hondasaki Motorcycle Company has a normal two-stage absorption job-order costing system. They close over - or under-applied overhead directly into Cost of Goods Sold, and use expected production as their activity base.
Answers (1)