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ACC 2201 Quiz 5 5.On December 15, 2024, sold $1,040 of gift certificates to a local gaming club. On December 31, 2024, determined that $510
ACC 2201 Quiz 5 5.On December 15, 2024, sold $1,040 of gift certificates to a local gaming club. On December 31, 2024, determined that $510 of these gift certificates had not yet been redeemed. (Use the account Unearned Revenue) For each transaction, prepare the adjusting entry required on December 31, 2024. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit entries.)
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