Brief Exercise 10-04 Larkspur University sells 6,400 season basketball tickets at $65 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 Debit Credit 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)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 manually.) Account Titles and Explanation Debit Credit enter an account title to record the revenue recognized after playing the first home game enter a debit amount enter a credit amount enter an account title to record the revenue recognized after playing the first home game enter a debit amount enter a credit amount
Brief Exercise 10-04 Larkspur University sells 6,400 season basketball tickets at $65 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 Debit Credit 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)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 manually.) Account Titles and Explanation Debit Credit enter an account title to record the revenue recognized after playing the first home game enter a debit amount enter a credit amount enter an account title to record the revenue recognized after playing the first home game enter a debit amount enter a credit amount
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Brief Exercise 10-04
Larkspur University sells 6,400 season basketball tickets at $65 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.)
(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 manually.)
(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
|
|---|---|---|
|
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)
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 manually.)
|
Account Titles and Explanation
|
Debit
|
Credit
|
|---|---|---|
|
enter an account title to record the revenue recognized after playing the first home game
|
enter a debit amount
|
enter a credit amount
|
|
enter an account title to record the revenue recognized after playing the first home game
|
enter a debit amount
|
enter a credit amount
|
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