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Season tickets for the Dingos are priced at $480 and include 24 home games. An equal...

Season tickets for the Dingos are priced at $480 and include 24 home games. An equal amount of revenue is recognized after each game is played. When the season began, the amount credited to Unearned Ticket Revenue was $2,736,000. By the end of October, $2,166,000 of the Unearned Ticket Revenue had been recognized as revenue.

How many season tickets did the Dingos sell?
Season tickets sold by Dingos

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How many home games had the Dingos played by the end of October?
Home games played by Dingos

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Prepare the entry for the initial recording of the Unearned Ticket Revenue. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit

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Prepare the entry to recognize the revenue after the first home game had been played. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Account Titles and Explanation

Debit

Credit
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