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Calculate the adjusting entry to be made on december

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Question - The Houston Mavericks basketball team receives $ 6500 for season tickets on August 1. By December 31, $ 3900 of the revenue has been earned. The adjusting entry to be made on December 31 includes a:

A. credit to Prepaid Revenue of $ 2600

B. debit to Ticket Revenue of $ 3900

C. credit to Unearned Revenue of $ 3900

D. debit to Unearned Revenue of $ 3900

Reference no: EM132127558

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