What is the balance in Unearned ticket revenue as of October

Assignment Help Accounting Basics
Reference no: EM133121212

Question - Hershey College sold season tickets for the 2020 football season for $287,00. A total of 7 home games will be played during September, October and November. In September, four games were played. In October, two games were played. What is the balance in Unearned ticket revenue as of October 31, 2021 (after adjusting entries has been made)?

Reference no: EM133121212

Questions Cloud

Calculate variable costs and fixed costs : A plastic product is manufactured by SLT Company. For total costs, the company estimates the cost function. Calculate Variable Costs and fixed costs
Probability that the firm defaults on the second coupon : AA-rated bonds have a lifetime default rate of 4.6%. Assume that AA-rated bonds have an average time to maturity of 7 years, compute the probability that the fi
Advantages and disadvantages of the internal rate of return : 1. Briefly discuss the advantages and disadvantages of the internal rate of return (IRR) & net present value.
Idea of performance management system : Compose a plan that includes your idea of an Performance Management System
What is the balance in Unearned ticket revenue as of October : In September, four games were played. In October, two games were played. What is the balance in Unearned ticket revenue as of October 31, 2021
What is the present value of the payments : Suppose you are going to receive $12,500 per year for six years. The appropriate interest rate is 7.4 percent.
How much is the corporate income tax for ABC Company : How much is the corporate income tax for ABC Company for year 20X1? How much is the original corporate income tax for ABC Company for year 20X4
Financial acuity and managerial decision making : Consider the content of this class as they relate to financial acuity and managerial decision making.
Calculate the futures price of gold for delivery : Gold price is $1858 per ounce. The storage costs are $3.24 per ounce per year payable quarterly at the end of each quarter. Assuming that interest rates are 4%

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd