Business, 06.12.2019 21:31 rhlalbin

Peterson photoshop sold $1,000 in gift cards on a special promotion on october 15,2013, and sold $1,500 in gift cards on another special promotion on november 15, 2013. of the cards sold in october, $100 were redeemed in october, $250 in november, and $300 in december. of the cards sold in november, $150 were redeemed in november and $350 were redeemed in december. peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months. at 12/31/2013, peterson would show an unearned revenue account for the gift cards with a balance of: a. $0.b.$1,00c. $1,35d. $1,500.

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Peterson photoshop sold $1,000 in gift cards on a special promotion on october 15,2013, and sold $1,...

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