Total Theater Company operates a local theater and sells season tickets for its upcoming season. On December 1, 2021, the theater receives a $500 partial payment a subscriber to hold seats for the upcoming season. How should Total Theater Company record the $500 partial payment on December 1, 2021?

Debit Cash $500 and credit Revenue $500

Debit Unearned Revenue $500 and credit Revenue $500

Debit Cash $500 and credit Prepaid Tickets $500

Debit Cash $500 and Credit Unearned Revenue $500