The Golden Goals, a professional soccer team, prepares financial statements on a monthly basis. The soccer season begins in May, but in April the team engaged in the following transactions: 1. Paid $1,000,000 to the municipal stadium as advance rent for use of the facilities for the five-month period from May 1 through September 30. This payment was initially recorded as Prepaid Rent. 2. Collected $4.900,000 cash from the sale of season tickets for the team's home games. The entire amount was initially recorded as Unearned Ticket Revenue. During the month of May, the Golden Goals played several home games at which $245,000 of the season tickets sold in April were used by fans. Prepare the two adjusting entries required on May 31 (Omit the "S" sign in your response.) ho General Journal Debit Credit 1. (Click to select) (Click to select) 2. (Click to select) (Click to select) II the two adjusting entries required on May 31. (Omit the "S" s v General Journal (Click to select) (Click to select) Prepaid rent Office supplies Interest expense Unearned ticket revenue Ticket revenue Rent expense Cash Insurance expense