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Exerclse 8-10 Analyze and record deferred revenues (LO8-4) The owowing infornmation apowes o the quesno spisyed beiow Apple inc. is the numiber one cnline music
Exerclse 8-10 Analyze and record deferred revenues (LO8-4) The owowing infornmation apowes o the quesno spisyed beiow Apple inc. is the numiber one cnline music retaler through rs Tunes music store. Apple sels ITunes gift cards in $15, 525, and S50 increments. Assume Apple sells $191 milion in ITunes gift cards in November, and customers redeem $121 milion of the gft cards in December Rafarances Section Break Exercise 8-10 Analyze and record defered revenues (L08-4) 1.00 points Exercise 8-10 Part 3 3. what is the ending balance in the Deterred revenue account? Enter your answer in dollars, not in millions. Le 5S should be entered as 5 500 000
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