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Wren Inc. sold gift cards during December. Wren has a calendar year end. For the year-end adjusting journal entry, which is true? Unearned sales

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Wren Inc. sold gift cards during December. Wren has a calendar year end. For the year-end adjusting journal entry, which is true? Unearned sales revenue will be decreased by the amount of revenue earned for the period O Sales revenue will be decreased by the amount of revenue earned for the period Sales revenue will be increased by the total amount of gift cards sold during the period Unearned sales revenue will be decreased by the total amount of gift cards sold during the period Previous Next

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