Solved

Mozart Co Sold Season Tickets for $5,500 on Account

Question 96

Multiple Choice

Mozart Co. sold season tickets for $5,500 on account. The journal entry would be to:


A) debit Cash and credit season Ticket Sales Revenue.
B) debit Accounts Receivable and credit season Ticket Sales Revenue.
C) debit Cash and credit Accounts Payable.
D) debit Cash and credit Accounts Receivable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions