Crane sells $20$ non$-$refundable $\backslash (\backslash$$ $180\backslash )$ gift cards for $3-$D printer plastic on March $1,2023.$ The plastic has a stand$-$alone selling price of $\backslash (\backslash$$ $180\backslash )($cost $\backslash (\backslash$$ $144\backslash )).$ The gift card expiration date is June $30,2023.$ Crane estimates that customers will not redeem $\backslash (10\backslash \%\backslash )$ of these gift cards. The pattern of redemption is as follows.

Prepare the $2023$ journal entries related to the gift cards at March $1,$ March $31,$ April $30,$ and June $30.($Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record journal entries in the order presented in the problem. Round answers to $0$ decimal places, eg$.5,275.$ List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit

$\backslash (\backslash$square $\backslash )$

$($To record sales revenue$)$

$($To record cost of goods sold$)$

$($To record sales revenue$)$

$($To record cost of goods sold$)$

$($To record sales$)$

$($To record cost of goods sold$)$