Question: I need help ASAP due in 30 min Chapter 13 HW 12. 10.00 points Bavarian Bar and Grill opened for business in November 2016. During

I need help ASAP due in 30 min
 I need help ASAP due in 30 min Chapter 13 HW
12. 10.00 points Bavarian Bar and Grill opened for business in November
2016. During ts first two months of operation, the restaurant sold gift

Chapter 13 HW 12. 10.00 points Bavarian Bar and Grill opened for business in November 2016. During ts first two months of operation, the restaurant sold gift cerbficates in various amounts totaling $8,000, mostly as Christmas presents. They are redeemable for meals within two years of the purchase date, athough experience within the industry indicates that 80% of get centicates are redeemed wthin one year. Certficates totaling $1,700 were presented for redemption during 2016 for meals having a total price of $2,100. The sales tax rate on restaurant sales s 4%, assessed at the time meals (not gn certifcates) are purchased. Saps taxes will be remited in January Required 1. Prepare the appropriate joumal entries (n summary form) for the gift certifcates sold during 2016 (keeping in mind that, in actuality, each sale of a gift certificabe or a meal would be recorded individualy) Of no entry is required for a transactionlevent, select "No journal entry required" in the first account field.) Journal entry worksheet Record the gift certificates sold during 2016 General Journal

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