I’m a bit frustrated. I’m doing the online homework. I’m recording the October 3

Question

I’m a bit frustrated. I’m doing the online homework. I’m recording the October 31st adjusting entry for the September 30 th of 15,600 for season tickets that admit patrons to a theater event that will be held twice (October 31 and November 30) Unearned revenue of 7800 for the month of October debit. I put sales revenue for the credit. Frustrating I’m a bit frustrated. I’m doing the online homework. I’m recording the October 31st adjusting entry for the September 30 th of 15,600 for season tickets that admit patrons to a theater event that will be held twice (October 31 and November 30) Unearned revenue of 7800 for the month of October debit. I put sales revenue for the credit. Frustrating

Explanation / Answer

The adjusting entry will be: 31-Oct Unearned revenue 7800 =15600/2       Admissions revenue 7800

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