$3)$ In January $2021,$ JP Anderson$$s Department Store sells a gift card for $$50$ and receives cash. In

February, $2021,$ the customer comes back and spends $$20$ of the gift card to purchase a water bottle.

What would be the appropriate journal entry for the sale of the gift card in January?

A$)$ Debit Cash, $$50$; credit Sales Revenue, $$50.$

B$)$ Debit Cash, $$50$; credit Deferred Revenue, $$50.$

C$)$ Debit Sales Revenue, $$20$; credit Cash, $$20.$

D$)$ No journal entry is necessary.