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Orange sells gift cards in $15, $25, and $50 increments. Assume Orange sells $20.4 million in ITunes gift cards in November, and customers redeem

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Orange sells gift cards in $15, $25, and $50 increments. Assume Orange sells $20.4 million in ITunes gift cards in November, and customers redeem $13.4 million of the gift cards in December. Required: 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. 3. What is the ending balance in the Deferred Revenue account? Complete this question by entering your answers in the tabs below.

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