TicketPro receives $1,500,000 in advance cash ticket sales for a five-date tour for Monster Truck, a heavy metal band

TicketPro receives $1,500,000 in advance cash ticket sales for a five-date tour for Monster Truck, a heavy metal band. Ticket holders can request a refund at any time prior to the show they have purchased their ticket for. Prepare the journal entries to record: a. the advance tickets sales as a lump sum as of July 31. The event sold out and no additional ticket sales have been recorded b. the revenue earned for the first performance date, November 22, assuming each concert date brings in the same amount of revenue.