[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 October, and customers redeem $12.0 million of the gift cards in November 1. & 2. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a transaction event, select "No journal entry required" in the first account field. Enter your answers in dollars, not in millions (i.e. 5 should be entered as 5,000,000).) View transaction list Journal entry worksheet 2 Record the receipt of cash for gift cards. Note: Enter debits before credits. Date General Journal Debit Credit October 31 Cash Record entry Clear entry View general journal 3. What is the ending balance in Deferred revenue? (Enter your answer in dollars, not in millions. (i.e. 5 should be entered as 5,000,000).) Ending balance