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Vail is one of the largest ski resorts in the United States. Suppose that on October 1, 2021. Voil 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, 2021. Voil sells gift cards (lift passes) for $100,000. The gift cards are redeemable for one day of skiing during the upcoming winter season. The gift cards expire on April 1, 2022 Customers redeem gift cards of $20,000 in December, $30,000 in January, $25,000 in February, and $15,000 in March. Required: 1.-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.) Answer is not complete. No Date Account Title 1 October 01, 2021 Cash Debit Credit 100,000 100,000 2 December 31, 202 Sales Revenue 3 20.000 20,000 3 March 31, 2022 Sales Revenue 3 15.000 15.000 4 April 01, 2022 Sales Revenue 3 10,000 10,000

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