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The Defiance College sells season tickets for four home football games at a price of $15. For the 2011 season, 5,000 season tickets were sold.

(a.) Write the journal entry to show the effect of the sale of the season tickets.

(b.) Write the journal entry to show the effect of hosting a home football game.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9989825

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