QS 9-3 Unearned revenue LO C2 Ticketsales, Inc,, receives $5,080,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record th October 31. Record the revenue earned for the first concert date of November 5, assuming it represents ticket sales. Ticketsales, Inc. initially records prepaid and unearned items in balance sheet accounts Journal entry worksheet Record the cash receipt in advance of concerts. Note: Enter debits before credits Date General Journal Debit Credit Oct 31