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The following information applies to the questians displayed below Apple Inc is the number one online music retailler through its iTunes music store. Apple sells

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The following information applies to the questians displayed below Apple Inc is the number one online music retailler through its iTunes music store. Apple sells iTunes gift cards in $15, $25, and $50 increments. Assume Apple sells $19.5 million in iTunes gift cards in November, and customers redeem $12.5 million of the gift cards in December value: 13.12 points Required information Required: 1 & 2 Record the ne essary entries in the Journal Entry Worksheet below. should be entered as 5,500,000)-) If no entry s required for a transaction even select No ou al entry required ?n the first account field. Enter your answers in dollars, not in m e 5.5 ons View transaction list Journal entry worksheet Record the receipt of cash for gift cards. Note: Enter debits before credits. Debit Credit 30 Record entry View general journal

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