In January 2021, Summit Department Store sells a gift card for $50 and receives cash. In February, 2021, the customer comes back and spends $20 of the gift card to purchase a water bottle. What would be the appropriate journal entry for the sale of the gift card in January? Multiple Choice C) Debit Cash, $50, credit Deferred Revenue, $50. O No journal entry is necessary O Debit Sales Revenue $20, credit Cash, $20. O Debit Cash, $50; credit Sales Revenue, $50