Southwestern City College sold season tickets for the 2011 football season for $180,000. A total of 8 games will be played during September, October and November. Assuming all the games are played,...

Southwestern City College sold season tickets for the 2011 football season for $180,000. A total of 8 games will be played during September, October and November. Assuming all the games are played, the Unearned Revenue balance that will be reported on the December 31 statement of financial position will be