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SheridanUniversity sells 6,100 season basketball tickets at $125 each for its 10-game home schedule. Give...

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Question

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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