1) TicketSales Inc, received $6,000,000 cash in advanced ticket sales for 5-date tours of Madona. Record the advance ticket sales on Nov. 1 Then 6 months later the company receives revenue for the first concert date on May 1, which represents one-fifth of the advance ticket sales. Record the two journal entries below to record the purchase and the first concert sale. Date Debit Credit Description cash LAONI H4,000,000 6,000,000 2) On June 15, a retailer sells a lawn mower for $ 1,900 with a one year warranty that cover parts. The warranty expense is estimated at 7% of sales. a) Record the warranty expense and liability journal entry below for the lawn mower. Date Description Debit Credit Dunes Juno K b) On Sept. 1, the lawn mower is brought in for repairs covered under the warranty requiring $100, record the journal entry to record the warranty repairs. Debit Credit Date Description Sept 1st $100.00 4100.00