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Ticketsales, Inc, receives $4,520,000 cash in advance ticket sales for a four-date tour of Bon Jovi Record the advance ticket sales on October 31 Record

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Ticketsales, Inc, receives $4,520,000 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. Ticketsoles, Inc initially records prepaid and unearned items in balance sheet accounts. View transaction list Journal entry worksheet 2 Record the cash receipt in advance of concerts. Note: Enter debits before credits General Journal Debit Date Od 31 Credit Record entry Clear entry View general journal Ticketsales, Inc receives $4.520.000 cash in advance ticket sales for a four-date tour of Bon Jovi Record the advance ticket sales on October 31 Record the revenue eamed for the first concert date of November 5, assuming it represents one fourth of the advance ticket sales. Ticketsoles, Inc. Initially records prepaid and unearned items in balance sheet accounts View transactions kiopeo w Journal entry worksheet Record the concert revenues earned Tooted its before credits General Journal Debit Credit Date Nov 05 Record entry Clear entry View general journal MC

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