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Shinsegae Department Store issued a product worth 500,000 won on December 1, 2001, and on December 25, 2001, a gift certificate holder exchanged 300,000 won

Shinsegae Department Store issued a product worth 500,000 won on December 1, 2001, and on December 25, 2001, a gift certificate holder exchanged 300,000 won for the product. In this case, please provide the accounting treatment on December 1st and December 25th, respectively.

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