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14 December, 08:43

Ottawa university sold 15,000 season football tickets at $80 each for its six-game home schedule. what entry should be made when the tickets were sold?

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  1. 14 December, 09:40
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    The total revenue they earned from selling the football tickets is $1,200,000. As a result, they should debit cash for $1,200,000 and credit for unearned revenue for the same amount.
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