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Ch 9: Homework Saved Help 2 QS 9-3 Unearned revenue LO C2 8.33 points Ticketsales, Inc., receives $5,440,000 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. Book View transaction list Hint Print References Journal entry worksheet 2 1 Record the cash receipt in advance of concerts. Note: Enter debits before credits. General Journal Debit Credit Date Oct 31 Journal entry worksheet ticket sales. Ticketsales, Inc. initially records prepaid and unearned items in balance sheet accounts. View transaction list Journal entry worksheet