Adjustment for Unearned Revenues Using T accounts Set up T accounts for Cash, Unearned Ticket Revenue, and Ticket Revenue. Post the following two transactions to the appropriate accounts, indicating each transaction by letter: a. Sold 1,120 season tickets at $18 each, receiving cash of $20,160. b. An end-of-period adjustment is needed to recognize that $17,676 in ticket revenue has been earned. Cash Ticket Revenue Unearned Ticket Revenue