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Adjustment for Unearned Revenues Using T accounts Set up T accounts for Cash, Uneamed Ticket Revenue and Ticket Revenue. Post the following two transactions to

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Adjustment for Unearned Revenues Using T accounts Set up T accounts for Cash, Uneamed Ticket Revenue and Ticket Revenue. Post the following two transactions to the appropriate accounts, indicating each transaction by letter: a. Sold 1,365 season tickets at $19 each, receiving cash of $25,935. b. An end-of-period adjustment is needed to recognize that $18,905 in ticket revenue has been carried Cash Ticket Revenue Unearned Ticket Revenue

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