Kirkland Theater sells season tickets for six events at a price of $189. For the 2016 season, 1,200 season tickets were sold.

Required:

a-1. Use the horizontal model to show the effect of the sale of the season tickets. (Use amounts with + for increases and amounts with – for decreases.) FIll in yellow boxes

Assets Balance Sheet Liabilities Stockholders Equity Net Income



b-1. Use the horizontal model to show the effect of presenting an event. (Use amounts with + for increases and amounts with – for decreases.) Fill in yellow boxes