Required information Exercise 7-13 (Algo) Unearned revenues-customer deposits LO 7-3 [The following information applies to the questions displayed below. NightWoundsTime Brewing Company distributes its products in an aluminum keg. Customers are charged a deposit of $95 per keg. deposits are recorded in the Keg Deposits account $95 per keg; deposits are recorded in the Keg Deposits account. Required: a. Where on the balance sheet will the Keg Deposits account be found? Multiple Choice Keg deposits are a current liability on the balance sheet. Keg deposits are a current assets on the balance sheet. b-1. Use the horizontal model to show the effect of giving a keg deposit refund to a customer for one keg. Indicate the financial statement effect Note: Enter decreases with a minus sign to indicate a negative financial statement effect. c-1. A keg use analyst who works for NightWoundsTime estimates that 205 kegs for which deposits were received during the year will never be returned. What accounting, if any, would be appropriate for the deposits associated with these kegs? Indicate the financial statement effect. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. c-2. A keg use analyst who works for NightWoundsTime estimates that 205 kegs for which deposits were received during the year will never be returned. Record the accounting that would be appropriate for the deposits associated with these kegs? Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field Journal entry worksheet