Ball Mart sells gift cards to customers. At the beginning of the year, the balance in the

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Ball Mart sells gift cards to customers. At the beginning of the year, the balance in the Unearned Sales Revenue account was $9,000. During the year, customers purchased $5,000 in gift cards and used $2,000 in gift cards to pay for merchandise. Determine the balance in the Unearned Sales Revenue account at the end of the year.

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College Accounting

ISBN: 1986

1st Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Deanna C. Martin, Jill E. Mitchell

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