Ticketsales, Inc., receives $5,440,000 cash in advance ticket sales for a four-date tour of Bon Jovi. Record the advance ticket sales or 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. Oct 31 e to search Ticketsales, Inc., 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 r ticket sales. Ticketsales, Inc. initially records prepaid and unearned items in balance sheet accounts Journal entry worksheet Nov 05 2 of 8 Next>