Business, 06.10.2019 01:30, wdymRachel4943

mercury, inc. sells tickets in advance for its weekly productions and records the proceeds as unearned revenue. at the end of each month, the company makes an adjusting entry to account for the tickets used during the month (ticket revenue.) on march 1, the unearned revenue account had a credit balance of $ 5 comma 000. during march, mercury sold 400 tickets at $ 20 each, and 350 tickets were used during the month. what is the balance in unearned revenue at the end of march?

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mercury, inc. sells tickets in advance for its weekly productions and records the proceeds as unearn...