QS 9-3 Unearned revenue LO C2 Ticketsales, Inc., recelves $4,040,000 cash in advance ticket sales for a four-date tour of Bon Jovi Record the advance ticket sales on October 31. Record the revenue earned for the first concert date of November 5, assuming it represents one-fourth of the advance 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 $s esc 8