Use the Following Information for Questions

Multiple Choice

Use the following information for questions:
Anna's Day Spa sells $25,000 worth of gift certificates in November and December.25% of the gift certificates are redeemed in December prior to the December 31 year end.
-The entry to record the sale of the gift certificates is:

A) Dr.Cash Cr.Gift card revenue
B) Dr.Gift Card Revenue Cr.Deferred gift card revenue
C) Dr.Prepaid Gift Cards Cr.Gift card revenue
D) Dr.Cash Cr.Deferred gift card revenue