QS 9-4 (Algo) Unearned revenue LO C2 Ticketsales, Incorporated, receives $5.440,000 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, incorporated initially records prepaid and unearned items in balance sheet accounts View transaction ist Journal entry worksheet 1 2 Record the cash receipt in advance of concerts. Note debitore che General Journal Debit Credit October 31 Record entry Clear entry View general journal Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $99,000 cash on May 15 by signing a 120-day, 8%, 599,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note, 2-6. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 1 Required 2A Interest Maturity On what date does this note mature? Required 28 General Journal On what date does this note mature? Required 2A > Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $99.000 cash on May 15 by signing a 120-day, 8%. $99,000 note. 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note 2-b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 25 Required 28 Required Required 2A Interest General Maturity Journal Prepare the entry to record issuance of the note View transactions Journal entry worksheet Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $99.000 cash on May 15 by signing a 120-day, 8%. $99.000 note. 1. On what date does this note mature? 2-0. Prepare the entry to record issuance of the note 2.b. First, complete the table below to calculate the interest expense at maturity. Use those calculated values to prepare your entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 28 Required 1 Required 2A Interest General Maturity Journal First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year. Round final answers to the nearest whole dollar) Maturity Penal | Rato (1) Time Total interest Sylvestor Systems borrows $99.000 cash on May 15 by signing a 120-day 8%, 599,000 note 1. On what date does this note mature? 2-0. Prepare the entry to record issuance of the note. 2-b. First, complete the table below to calculate the interest expense at maturity Use those calculated values to prepare your entry to record payment of the note at maturity, Complete this question by entering your answers in the tabs below. Required 28 Required 28 Frequired: Required 2A Interest General Maturity Journal Use those calculated values to prepare your entry to record payment of the note at maturity. (Use 360 days a year Round final answers to the nearest whole dollar) View transaction list Journal entry worksheet