Ballena ticket co. sells season tickets to the opera. there, Ask an Expert

Accounting

Ballena Ticket Co. sells season tickets to the opera. There are 8 performances during the season, which runs from February 1 through October 31. The company sold 3,000 tickets at $60 each in February. The entry to record these sales includes a credit to:

a. Ticket Revenue.

b. Prepaid Tickets.

c. Unearned Ticket Revenue.

d. Tickets Receivable.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M984150

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