Washburn University sells 7,940 season basketball tickets at $43 each for its 15
ID: 2452280 • Letter: W
Question
Washburn University sells 7,940 season basketball tickets at $43 each for its 15-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. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Account Titles and Explanation
Debit
Credit
Explanation / Answer
Washburn University sells 7,940 season basketball tickets at $43 each for its 15
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