The following data are taken from the comparative statement of financial position of Newman Billiards Club Ltd., which prepares its financial statements using the accrual basis of accounting December 31 2020 2019 Accounts receivable from members 13,600 9,900 Unearned service revenue 16,300 25,700 Members are billed based upon their use of the club's facilities. Unearned service revenues arise from the sale of gift certificates, which members can apply to their future use of club facilities. The 2020 income statement for the club showed that service revenue of 164,000 was recorded during the year. Prepare journal entries for each of the following events that took place during 2020. (Hint: You will probably find it helpful to use T-accounts to analyze these data.) (1) Accounts receivable from 2019 were all collected. (2) Gift certificates outstanding at the end of 2019 were all redeemed. (3) (a) An additional $40,000 worth of gift certificates were sold during 2020. (b) A portion of these was used by the recipients during the year; the remainder was still outstanding at the end of 2020. (4) Services performed for 2020 were billed to members. (5) Accounts receivable for 2020 (1.e, those billed in item [4] above) were partially collected. (Credit account tities are automatically indented when the amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit