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Exercise 8-11 (Algo) Record gift card transactions (LO8-4) Vall is one of the latgest ski resorts in the United States, Suppose that on October 1,
Exercise 8-11 (Algo) Record gift card transactions (LO8-4) Vall is one of the latgest ski resorts in the United States, Suppose that on October 1, 2024, Vail sells qiff cards (lift passes) for \$102.000. The gift cards are redeemable for one day of skiling during the upcoming winter season. The gift cards explie on Apili., 2025. Customers redeem gitt cards of $20,200 in December, $30,200 in January, $25,200 in February. and $15.200 in March. Required: 1. to 4. Record the necessary entries in the Joumal Entry Worksheet below. (If no entry is required for a particulat transaction/avent, select "No Journal Entry Required" in the first occount field.)
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