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The Bright Kids, a newly formed rock band, sells 1,650 tickets on May 15 at an average price of $12 each for an upcoming concert

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The Bright Kids, a newly formed rock band, sells 1,650 tickets on May 15 at an average price of $12 each for an upcoming concert that will take place on June 1st. a) Prepare the journal entry on May 15. Do not enter dollar signs or commas in the input boxes. Date Account Title and Explanation Debit Credit May 15 Cash Unearned Revenue + Record cash received for advance ticket sales b) Prepare the journal entry on June 1. Date Account Title and Explanation Debit Unearned Revenue Service Revenue Record revenue earned Jun 1 Credit

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