Journal entry to illustrate effect of presenting event, Accounting Basics

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Journal entry to illustrate effect of presenting event

Q1) Unearned revenues - ticket sales. Kirkland theatre sells seasons tickets for six events at price of $252. For season 2009, 1,200 season tickets were sold.

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

b) Write journal entry to illustrate effect of presenting event.

c) Where on the balance sheet would account balance representing funds received for performance not yet presented be classified?

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Accounting Basics: Journal entry to illustrate effect of presenting event

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Accounting Basics: Journal entry to illustrate effect of presenting event

Reference No:- TGS020889

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Accounting Basics: Journal entry to illustrate effect of presenting event

Reference No:- TGS020889

Recent Questions Asked Accounting Basics

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Q : Calculate the sample mean and sample standard deviation

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