For each of the transactions, if revenue is to be recognized in September, indicate the amount. (Enter your an in millions.) Activity Amount a. Gillespie Enterprises Inc. issued $26 million in new...

Where should revenue be recognized? Each transaction is different but which transactions recognize revenue?

Extracted text: For each of the transactions, if revenue is to be recognized in September, indicate the amount. (Enter your an in millions.) Activity Amount a. Gillespie Enterprises Inc. issued $26 million in new common stock. Cal State University received $20,000,000 cash for 80,000 five-game-season b. football tickets. None of the games have been played. C. Cal State played the first football game referred to in (b). Hall Construction Company signed a contract with a customer for the construction of a new $500,000 warehouse. At the signing, Hall received a check d. for $50,000 as a deposit to be applied against amounts earned during the first phase of construction. Answer from Hall's standpoint. A popular snowboarding magazine company received a total of $1,800 today from subscribers. The subscriptions begin in the next fiscal year. Answer from the magazine company's standpoint. e. T-Mobile sold a $100 cell phone plan for service in September to a customer f. who charged the sale on his credit card. Answer from the standpoint of T-Mobile. < prev="" 2="" of="" 3="" next=""> JAN 26