As of December 31, the unadjusted balance in Deferred Revenue contains $5,600 for unredeemed gift cards. An analysis of the monthly sales indicates that $3,200 gift cards were redeemed during the month but not yet recorded. How will these transactions affect the adjustments at the end of the period? Sales Revenue needs to be increased by the amount of gift cards redeemed during the month. Deferred Revenue needs to be decreased by the amount of gift cards redeemed during the month. No adjustment is necessary as