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Question 31 3 pts Sesame Street Department Stores, Inc. sold $18,000 in gift cards in 2021. Customers redeemed $13,005 of the gift cards during the
Question 31 3 pts Sesame Street Department Stores, Inc. sold $18,000 in gift cards in 2021. Customers redeemed $13,005 of the gift cards during the year. The company estimates breakage to be 15% and uses the proportional method to estimate breakage revenue. How much breakage revenue should be recorded on December 31, 2021
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