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Exercise 8 - 1 1 ( Algo ) Record gift card transactions ( LO 8 - 4 ) Vail is one of the largest ski
Exercise Algo Record gift card transactions LO Vail is one of the largest ski resorts in the United States. Suppose that on October Vail sells gift cards lift passes for $ The gift cards are redeemable for one day of skiing during the upcoming winter season. The gift cards expire on April Customers redeem gift cards of $ in December, $ in January, $ in February, and $ in March. Required: to Record the necessary entries in the Journal Entry Worksheet below. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field. Journal entry worksheet Record the redemption of gift cards in by preparing a summary entry as of March Note: Enter debits before credits. tableDateGeneral Journal,Debit,CredittableMarch Deferred Revenue,,
Exercise Algo Record gift card transactions LO
Vail is one of the largest ski resorts in the United States. Suppose that on October Vail sells gift cards lift passes for $ The gift cards are redeemable for one day of skiing during the upcoming winter season. The gift cards expire on April Customers redeem gift cards of $ in December, $ in January, $ in February, and $ in March.
Required:
to Record the necessary entries in the Journal Entry Worksheet below. If no entry is required for a particular transactionevent select No Journal Entry Required" in the first account field.
Journal entry worksheet
Record the redemption of gift cards in by preparing a summary entry as of March
Note: Enter debits before credits.
tableDateGeneral Journal,Debit,CredittableMarch Deferred Revenue,,
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