Ball Mart sells gift cards to customers. At the beginning of the year, the balance in the

Question:

Ball Mart sells gift cards to customers. At the beginning of the year, the balance in the Unearned Sales Revenue account was $9,000. During the year, customers purchased $5,000 in gift cards and used $2,000 in gift cards to pay for merchandise. Determine the balance in the Unearned Sales Revenue account at the end of the year.

Fantastic news! We've Found the answer you've been seeking!