The store sold $30$ gift cards for $$100$ per card. At year$-$end, $25$ of the gift cards are redeemed. Skysong expects three of the

cards to expire unused.

Prepare all the journal entries necessary to record the transactions noted above as they occurred and any adjusting journal entries

relative to the transactions that would be required to present fair financial statements at December $31.$ Date each entry. For simplicity,

assume that adjusting entries are recorded only once a year on December $31.($Ignore Cost of Goods Sold.$)($If no entry is required, select

$"$No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not

indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Round intermediate

calculations to $4$ decimal places, e$.$g$.0\mathrm{.}2345$ and fimal answer to $0$ decimal places, e$.$g$.2,1324.)$

my journal entry Unearned Gift Card Revenue

$($To record sale of $30$ gift cards$)$

Unearned Gift Card Revenue

Sales Revenue $($Breakage$)$

Sales Revenue

$($To record redemption and expected breakage revenue$)$