What is the avg price per season ticket & avg price per individual game ticket sold?
We have provided with the information that ,
that 112,000 fans and the %81.2 millions ticket were sold so the average price for the ticket will be calculated as follow
=81,200,000 / 112,000
=$725
average price per season ticket = $ 725
there are five home games so ticket for per game is
=725/5
=145
| Seasons Ticket | 725 |
| Individual game ticket | 145 |
2
Record the advance collection of $64.5 million in ticket sales
| Number | Description | Debit $ | Credit $ |
| 1 | Cash | 81200000 | |
| Unearned Revenue Acount | 81200000 |
3
Record the revenue earned after the 1sthome game is completed.
| Number | Description | Debit $ | Credit $ |
| 1 | Unearned Revenue | 16240000 | |
| Revenue | 16240000 |
| Total Revenue | 81200000 |
| Game | 5 |
| Per game 81200000/5 |
16240000 |
