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When AppGame Company Sells Three $100 Gift Cards at the Beginning

Question 50

Multiple Choice

When AppGame Company sells three $100 gift cards at the beginning of the month,it should record a $300 debit to ______ and a $300 credit to ______:


A) Cash; Unearned Revenue
B) Cash; Sales Revenue
C) Accounts Receivable; Sales Revenue
D) Unearned Revenue; Cash

Correct Answer:

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