Mohling company typically sells subscriptions on an annual basis, and publishes eight times a year. the magazine sells 60,000 subscriptions in january at $10 each. recording the sale of the subscriptions involves a(n) group of answer choices increase to prepaid subscriptions and a decrease to cash for $600,000. increase to cash and an increase to unearned subscription revenue for $ 600,000. increase to subscriptions receivable and an increase to unearned subscription revenue for $75,000. increase to subscriptions receivable and an increase to subscription revenue for $600,000.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.