The original post must be completed by Wednesday night at midnight. The discussion board post will remain open through Thursday, however, 1 point will be deducted for any late posts. 4 pts will be awarded for your original post 6 Points will be counted for attendance ( 3 points per day 2 days =6 points) For the original post: There are many situations in business where it is difficult to determine the proper period in which to record revenue. Suppose that after graduating with a degree in finance, you take a job as a manager at a consumer electronics store called Impact Electronics. The company has expanded rapidly in order to compete with Best Buy. Impact has also begun selling gift cards for its electronic products. The cards are avallable in any dollar amount and allow the holder of the card to purchase an item for up to 2 years from the time the card is purchased. If the card is not used during that 2 years, it expires. Instructions At what point should the revenue from the gift cards be recognized? Indude the reasoning that supports your answer. Be ready to discuss in class on Thursday