Use the Following Information for Questions 34-35

Multiple Choice

Use the following information for questions 34-35.
Malaya's Manicures sells $2,500 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