E 14-5A (LO2) ADJUSTMENT FOR UNEARNED REVENUES USING T ACCOUNTS Set up Taccounts for Cash, Uncarned Ticket Revenue, and Ticket Revenue, Post the follow- ing two transactions to the appropriate accounts, indicating each transaction by letter: (a) Sold 1,200 season tickets at $400 each, receiving cash of $480,000. (b) An end-of-period adjustment is needed to recognize that $120,000 in ticket revenue has been earned