Sarah's Pottery and Gift store had the following transactions: a. On November 15, 2020, Katie from the small office business Custom Graphics contacted Sarah to purchase gift cards for the holiday season. Katie's boss gave her $4,550 to purchase 65 gift cards with a value of $70 each from Sarah. b. During the month of December, 60 of the $70 gift cards were used in full by staff members of Custom Graphics. Required: 1-a. Prepare the journal entries for each of the transactions. View transaction list Journal entry worksheet Record the sale of 65 gift cards, $70 each. Note: Enter debits before credits. General Journal Debit Credit Date Nov 15, 2020 Record entry Clear entry View general journal 1-b. Calculate the liability that will remain on answer to the nearest whole dollar amount.) December 2020 balance sheet for Sarah's Pottery and Gift Store. (Round the final Liability