A customer purchases $340 worth of merchandise from The GAP using a gift card. What is the journal entry The Gap records?
a. DR Cash $340; CR Unearned Revenue $340
b. DR Revenue $340; CR Unearned Revenue $340
c. DR Cash $340; CR Revenue $340
d. DR Unearned Revenue $340; CR Revenue $340"
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A customer purchases $340 worth of merchandise from The GAP using a gift card. What is the journal e...
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