Required information Exercise 8-10A Analyze and record deferred revenues (L08-4) [The following information applies to the questions displayed below) Apple Inc. is the number one online music retailer through its iTunes music store Apple sells iTunes gift cards in 515, $25. and $50 increments. Assume Apple sells $20.8 million in iTunes gift cards in November, and customers redeem $13.8 million of the gift cards in December Exercise 8-10A Parts 1 & 2 Required: 1.8 2. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Enter your answers in dollars, not in millions (ie. 5.5 should be entered as 5,500,000).) View transaction ist Journal entry worksheet 1 Record the receipt of cash for gift cards Date noun De Credit > Required information Exercise 8-10A Analyze and record deferred revenues (L08-4) [The following information applies to the questions displayed below) Apple Inc is the number one online music retailer through its iTunes music store. Apple sells iTunes gift cards in $15, $25. and $50 increments. Assume Apple sells $20.8 million in iTunes gift cards in November, and customers redeem $13.8 million of the gift cards in December Exercise 8-10A Parts 1 & 2 Required: 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field. Enter your answers in dollars, not in millions (i.e.5.5 should be entered as 5,500,000).) View transaction liest Journal entry worksheet 2 Record the revenue recognized from redemption of gift cards, Genoma Debit Credit & Pan Next >