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 customer's purchase of the water bottle in February? Multiple Choice No journal entry is necessary Debit Deferred Revenue, $50, credit Sales Revenue $50 Debit Deferred Revenue, $20 Credit Sales Revenue, $20 Debit Sales Revenue, 520, credit Deferred Revenue $20