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

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Vail is one of the largest ski resorts in the United States. Suppose that on October 1,2024 , Vall sells gift cards (litt passes) for $100,000. 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 $20,000 in December, $30,000 in January, $25,000 in February, and $15,000 in March. Required: 10 4. Record the necessary entries in the Joumal Entry Worksheet below. (If no entry is required for a particular transaction/event, elect "No Journal Entry Required" in the first account field.) Journal entry worksheet

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