Fugazi City College sold season tickets for the 2015 football season for $240,000. A total of 8 games will be played during September, October and November. Assuming all the games are played, the Unearned Ticket Revenue balance that will be reported on the December 31 balance sheet will be
A) $0.
B) $90,000.
C) $150,000.
D) $240,000.
Correct Answer:
Verified
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