Vail is one of the largest ski resorts in the United States. Suppose that on October 1,2024 , Vol sells gift cards (lift passes) for $110,000. The gift cards are redeemable for one day of sking during the upcoming winter season. The gift cards expire on April 1, 2025. Customers redeem gift cards of $21,000 in December, $31,000 in January. $26,000 in February, and $16,000 in March. Required: 1. to 4. Record the necessary entries in the Journal Entry Worksheet below, (If no entry is required for o particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the sale of gift cards on Cctober 1, 2024. Notei Ener debas before creeta. Vail is one of the largest ski resorts in the United States. Suppose that on October 1, 2024, Vall sells gift cords (lift passes) for $110,000. The gift cards are redeemable for one day of sking during the upcoming winter season. The gift cards expire on April 1, 2025. Customers redeem gift cards of $21,000 in December, $31,000 in January, $26,000 in February, and $16,000 in March. Required: 1. to 4. Record the necessary entries in the Joumal Entry Worksheet below. (If no entry is required for a porticular transaction/event, select "No Journal Entry Required" In the first account field.) Journal entry worksheet Record the redemption of gift cards as of December 31, 2024. Notel inter debits befere creets. Vail is one of the largest ski resorts in the United States. Suppose that on October 1,2024 , Vail sells gift cards (ift passes) for $110,000. The gift cords are redeemable for one day of sking during the upcoming winter season. The gift cards expire on Apri 1, 2025. Customers redeem gift cards of $21,000 in December, $31,000 in January, $26,000 in February, and $16,000 in March. Required: 1. to 4. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 4 Record the redemption of gift cards in 2025 by preparing a wumnary entry as ot March 31, 2025. Noter Enter debits leafore crets. (ail is one of the largest ski resorts in the United States. Suppose thot on October 1, 2024, Val sells gift cards (lift passes) for $110,000. the gift cards are redeemable for one day of skiing during the upcoming winter season. The gift cards expire on Apr I 1, 2025. Customers redeem gift cards of $21,000 in December, $31,000 in January, $26,000 in February, and $16,000 in March. Required: 1. to 4. Record the necessary entries in the Joumal Entry Worksheet below, (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the expiration (breakage) of gir cards on April 1, 202s. Noter Enter debats before credits