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Required information [The following information applies to the questions displayed below.) Apple Inc. is the number one online music retailer through its iTunes music store.
Required information [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 $19.0 million in iTunes gift cards in November, and customers redeem $12.0 million of the gift cards in December Required: 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a transaction/event, select 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).) Required information 6 View transaction list 13.12 points Journal entry worksheet 2 eBook References Record the receipt of cash for gift cards. Note: Enter debits before credits Date General Journal Debit Credit November 30 Record entry Clear entry View general Journal REQUIRED: Homework Chapter 8 Saved Help 4PDAPATA Ararrantier in the latina Lotninn hnat holat HERR Required information 6 View transaction list 13.12 points Journal entry worksheet 1 2 eBook References Record the revenue earned from redemption of gift cards. Note: Enter debits before credits Date General Journal Debit Credit December 31 Record entry Clear entry View general Journal Me Graw Hill
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