PRINTER VERSION Exercise 3-19 a-b (Part Level Submission) The following data are taken from the comparative balance sheets of Sunland Billiards Club, which prepares its financial statements using the accrual basis of accounting BACK NEXT December 31 Accounts receivable from members Uneared service revenue 2020 $13,500 17,800 2019 $ 9,100 24,900 Members are billed based upon their use of the dub's facilities. Unearned service revenues arise from the sale of gift certificates, which members can apply to their future use of club facilities. The 2020 income statement for the club showed that service revenue of $160,000 was earned during the year (a) Prepare journal entries for each of the following events that took place during 2020. (Hint: You will probably find helpful to use T-accounts to analyze these data.) (1) Accounts receivable from 201 collected (2) Gift certificates outstanding an end of 2019 were all redeemed. (3) (a) An additional $37,000 worth of gift certificates were sold during 2020 (b) A portion of the above gift certificates was used by the recipients during the year, the remainder was still outstanding at the end of 2020 (4) Services performed for members for 2020 were billed to members. (5) Accounts receivable for 2020 (.e. those billed in item (4) above) were partially collected. (Credit account titles are automatically indented when the amount is entered. Do not Indent manually.) No. Account Titles Debit Credit 1 2