Question: mework i Saved Help Save & Exit Subm Check my work QS 9-3 Unearned revenue LO C2 Ticketsales, Inc., receives $4,520,000 cash in advance ticket


mework i Saved Help Save & Exit Subm Check my work QS 9-3 Unearned revenue LO C2 Ticketsales, Inc., receives $4,520,000 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, Inc. initially records prepaid and unearned items in balance sheet accounts. V & ERK Check Journal entry worksheet Record the cash receipt in advance of concerts. eBook Print eferences Note: Enter debits before credits. Date Oct 31 General Journal Debit Credit Record entry Clear entry View general journal Journal entry worksheet Record the concert revenues earned. Note: Enter debits before credits. Date General Journal Debit Credit Nov 05 Record entry Clear entry View general journal
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