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Starbucks refers to gift cards as stored value cards. If a customer buys a $5 gift card and then later spends the $5 using the
Starbucks refers to gift cards as stored value cards. If a customer buys a $5 gift card and then later spends the $5 using the gift card, what are the two journal entries that Starbucks records (1-Selling gift card; 2-Customer purchases a drink using the gift card)?
And identify 2 different examples of how Starbucks generates revenue?
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