Ticketsales, Inc., receives $5,680,000 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, Inc. initially records prepaid and unearned items in balance sheet accounts View transaction list Journal entry worksheet 1 2 Record the cash receipt in advance of concerts Note: Enter debits before credits General Journal Debit Credit Date Oct 31