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Big Apple Company sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of each month, the

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Big Apple Company sells tickets in advance for its weekly productions and records the proceeds as Unearned Revenue. At the end of each month, the company makes an adjusting entry to account for the tickets used during the month (ticket revenue.) On March 1, the Unearned Revenue account had a credit balance of $3000. During March, Big Apple sold 500 tickets at $20 each, and 450 tickets were used during the month. What is the balance in Unearned Revenue at the end of March? debit balance of $4000 credit balance of $4000 debit balance of $3000 credit balance of $3000

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