menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamental Accounting Principles
  4. Exam
    Exam 2: Current Liabilities
  5. Question
    The Receipt of $6,000 in Advance Ticket Sales Would Be
Solved

The Receipt of $6,000 in Advance Ticket Sales Would Be

Question 3

Question 3

Multiple Choice

The receipt of $6,000 in advance ticket sales would be recorded as


A) debit Cash,credit Unearned Revenue.
B) debit Unearned Revenue,credit Sales.
C) debit Sales,credit Unearned Revenue.
D) debit Unearned Revenue,credit Cash.
E) debit Cash,credit Revenue Payable.

Correct Answer:

verifed

Verified

Related Questions

Q1: Estimated liabilities are also referred to as

Q2: Kirland performed warranty repair work for a

Q4: The difference between the amount received from

Q5: Long-term liabilities<br>A)are liabilities arising from future events.<br>B)are

Q6: A company sells its product subject to

Q7: During November 2021,Sunset Airlines sold out all

Q8: Sales taxes payable is credited,and cash is

Q9: Accounts payable<br>A)have specific due dates.<br>B)are long-term liabilities.<br>C)are

Q10: On November 16,2020,Kinsmen Sports gave Source for

Q153: Trade accounts payable are amounts owed to

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines