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, 240 season tickets at $436 each, receiving cash of $540, 640. b. An end-of-period adjustment is needed to recognize that $140, 392 in ticket revenue has been earned