1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
viktelen [127]
3 years ago
8

Larkspur University sells 4,800 season basketball tickets at $60 each for the entire 15-game home schedule. (a) Give the entry t

o record the sale of the season tickets. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Business
1 answer:
snow_tiger [21]3 years ago
5 0

Answer:

The Journal entry is as follows:

Cash A/c                    Dr. $288,000

To Unearned basketball ticket revenue A/c     $288,000

(To record the sale of the season tickets)

Workings:

Given that,

Total number of tickets sold = 4,800

Selling price of ticket = $60 each

Cash = season basketball tickets sold × Selling price of each ticket

        =  4,800 tickets × $60 per ticket

        = $288,000

You might be interested in
The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the neares
zhannawk [14.2K]

Answer:

8.9%

Explanation:

Calculation for what The current yield of the bond to the nearest tenth of a percent is:

Current yield of Bond=[(8+1/4)*10]/(93*10)

Current yield of Bond=(8.25*10)/930

Current yield of Bond=82.5/930

Current yield of Bond=0.089*100

Current yield of Bond=8.9%.

Therefore The current yield of the bond to the nearest tenth of a percent is 8.9%

7 0
3 years ago
the trasportation costs involved in getting a product to a cosumer after the product has been made are 1. transaction costs 2.co
Elena-2011 [213]
The right answer for the question that is being asked and shown above is that: "<span> 4.independent costs." </span>The trasportation costs involved in getting a product to a cosumer after the product has been made are <span> 4.independent costs</span>
3 0
3 years ago
Examine transnet in terms of the characteristics of a monopoly
lukranit [14]
Transnet is South African transportation sector company. This company included freight, logistic, and rail transportation in its business. For a decade, the Transnet Company have enjoyed the monopoly market in fright, logistic, and rail transportation in South Africa. because they control every rail in South Africa back then.
6 0
3 years ago
Is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and contro
frez [133]

The correct answer is:  " management" .

____________________________

      "  <u>  Management  </u>  is the attainment of organizational goals in an effective and efficient manner through planning, organizing, leading, and controlling organizational resources. "

____________________________

An effective "mnemonic" for these 4 (four) components of management is:

"PLOC" ;  or more appropriate, in the order in which they occur:  "POLC" .

____________________________

Note that "organizational resources" include "data" (e.g. data management) ; as well as management of employees among various departments; hierarchies of management among departments;  supply chain marketing and management, and labor-management relations and human resources management.

Effective management skills include:  conceptual skills, technical skills, and human skills.

____________________________

4 0
3 years ago
A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its ___________ and how
maria [59]

Answer:

Scarce resources.

Explanation:

A major reason for studying Economics is to gain an understanding of how a nation can best choose to use its scarce resources and how we must make rational decisions in order to move toward a higher standard of living for all. Some of these scarce resources include money, time, land, labor, capital and entrepreneurship. If these resources are not well managed, it usually results in an economic downturn, recession and inflation which are typically a negative factor for good standards of living for the people living in the particular country.

Hence, a proper allocation of scarce resources would improve the standards of living in a country.

3 0
3 years ago
Other questions:
  • Lowden Company has a predetermined overhead rate of 163% and allocates overhead based on direct material cost. During the curren
    12·1 answer
  • Which of the following marketing messages are consumers most likely to trust?
    12·2 answers
  • Consider the following transactions for Huskies Insurance Company: Equipment costing $34,200 is purchased at the beginning of th
    7·1 answer
  • Anything called money will be
    7·1 answer
  • Whenever Claudia helps Dr. Stevens with his records, he manages to brush against her chest. She has spoken to her manager about
    11·1 answer
  • Sheridan, a lawyer, accepts a legal engagement in March, performs the work in April, and is paid in May. In completing the engag
    14·1 answer
  • ________ is used heavily when introducing a new product category. the objective is to build primary demand.
    11·1 answer
  • Sleep Tight, Inc., manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and mate
    15·1 answer
  • SUB TO ME thunderoflight12 PLSSSSSSSSSSSSSSS I WILL MARK BRAINLYIST IF YOU DO FOR ALL MY THINGS
    10·1 answer
  • quizlet the office for civil rights (ocr) has enforcement power for violations occurring as a result of willful neglect. the ocr
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!