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Bramble sells 2 0 nonrefundable $ 1 1 0 gift cards for 3 D printer paper on March 1 , 2 0 2 0 .
Bramble sells nonrefundable $ gift cards for D printer paper on March The paper has a standalone selling price of $cost $ The gift cards expiration date is June Bramble estimates that customers will not redeem of these gift cards. The pattern of redemption is as follows. Redemption Total March April June Prepare the journal entries related to the gift cards at March March April and June Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the amounts. Round present value factor calculations to decimal places, eg and the final answer to decimal places eg Date Account Titles and Explanation Debit Credit Mar. Mar. Apr. Jun. Mar. Mar. Apr. Jun. To record sales of cards redeemedTo record cost of goods sold Mar. Mar. Apr. Jun. To record sales of cards redeemedTo record cost of goods sold Mar. Mar. Apr. Jun. To record sales of cards redeemedTo record cost of goods soldTo record sales of cards not redeememed
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