Listed below are selected transactions of Vaughn Department Store for the current year ending December 31. 1. On December 5, the store received $540 from the $ elig Players as a deposit to be returned after certain furniture to be used in stage production was returned on lanuary 15. 2 During December, cash sales totaled $799,050, which includes the 5% sales tax that must be remitted to the state by the fifteenth day of the following month. 3. On December 10 , the store purchased for cash three delivery trucks for $119,100. The trucks were purchased in a state that applies a 5% sales tax. 4. The store sold 25 gitt cards for $100 per card. At year-end, 20 of the gift cards are redeemed, Vaughn expects three of the cards to expire unused. Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting journal entries relative to the transactions that would be required to present fair financial statements at December 31. Date each entry. For simplicity, assume that adjusting entries are recorded only once a year on December 31. (Ignore Cost of Goods Sold) (If no entry is required, select "No Entry' for the account titles and enter 0 for the amounts. Credit account titles are outomatically indented when amount is entered. Do not. Indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round intermediate (To record wie of 25 gift cards) To record sale of 25 eft cards) (To record redemption and expected breakage revenuo)