as of december 31, the unadjusted balance in deferred revenue contains $5,600 for unredeemed gift cards. an analysis of the monthly sales indicates that $3,200 gift cards were redeemed during the month but not yet recorded. how will these transactions affect the adjustments at the end of the period?

Ask your question to the AI advisor

Ai-bot is an expert in any field and is the perfect companion for reliable and useful answers and advice on a variety of topics, including science, history, technology, art, sports, health, culture and more.