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Vail is one of the largest ski resorts in the United States. Suppose that on October 1,2024 , Vail sells gift cards (lift passes) for

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Vail is one of the largest ski resorts in the United States. Suppose that on October 1,2024 , Vail sells gift cards (lift passes) for $119,000. The gift cards are redeemable for one day of sking during the upcoming winter season. The gift cards expire on April1, 2025. Customers redeem gift cards of $21,900 in December, $31,900 in January, $26,900 in February, and $16,900 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 Record the saie of gift cards on October 1, 2024. Note: tnter debits before credits. Required: 1. to 4. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is require 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. Note: Enter debits before credits. Required: 1. to 4. Record the necessary entries in the Journal Entry Worksheet below. (If no entry is required transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the redemption of gift cards in 2025 by preparing a summary entry as of March 31, 2025. Note: Enter debits before credits. Journal entry worksheet Record the expiration (breakage) of gift cards on April 1, 2025. Note: Enter debits before credits

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