ezto.mheducation.com C B Practice Exercises - Chapters 8 & 9 - ACC2. M Question 5 - Practice Exercises - Chapters... Accounting Study Strategies kercises - Chapters 8 & 9 i Saved Help Save & Exit Check m Ticketsales, Incorporated, receives $4,360,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one-fourth of the advance ticket sales. Ticketsales, Incorporated initially records prepaid and unearned items in balance sheet accounts. View transaction list Journal entry worksheet 2 Record the cash receipt in advance of concerts. Note: Enter debits before credits. Date General Journal Debit Credit October 31 Record entry clear View general journal