Ticketsales, Inc., receives $7.720,000 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 > Record the cash receipt in advance of concerts. Note: Enter debits before credits Debit Credit Date Oct 31 General Journal Cash Uneamed ticket revenue Record entry Clear entry View general Journal