Meadville Industries sells gift certificates that are redeemable in merchandise. During 2009, Meadville sold gift certificates for $88,000. Merchandise with the total price of $52,000 was redeemed during the year. For Meadville, the cost of the merchandise sold was $32,000. Meadville sold gift certificates for the first time in 2009. The journal entry recording the sale of the gift certificates will include:

Group of answer choices

a debit to Unearned Revenue for $88,000.

a credit to Sales for $88,000.

a credit to Unearned Revenue for $88,000.

a debit to Certificate Liability for $88,000.

Please Answer ASAP!