Question: Proctoring Enabled: Asignacion Capitulo 111 5 10 points Save Help Save & Exit Submit Ticketsales, Incorporated, receives $6,360,000 cash in advance ticket sales for

Proctoring Enabled: Asignacion Capitulo 111 5 10 points Save Help Save &Exit Submit Ticketsales, Incorporated, receives $6,360,000 cash in advance ticket sales for

Proctoring Enabled: Asignacion Capitulo 111 5 10 points Save Help Save & Exit Submit Ticketsales, Incorporated, receives $6,360,000 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 02:26.02 Journal entry worksheet 1 2 Record the cash receipt in advance of concerts. Note: Enter debits before credits. Date October 31 General Journal Debit Credit

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