11:12 PM Apple Inc. is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in s15 s25.and $50 increment Assume Apple sells $206 million in iTunes gift cards in November and customers redeem $136 million of the gift cards in December References Section Break Exercise 8-10 Analyze and record deferred revenues IL08-4) Required information 0.75 points Exercise 8-10 Parts 1 & 2 Required 1. 8 2. in the Entry (if no entry is required for a transactionlevent, select No Record the necessary entries should be entered as journal entry required" in the first account field. Enter your answers in not in millions (ie. 5.5 5,500,000).) view general journal Journal Entry Worksheet Record the receipt of cash for gift cards