Question: value 1.00 points MC Qu. 85 Unearned Revenue, which represents the company's obligation.. Unearned Revenue, which represents the company's obligation to honor gift cards previously

 value 1.00 points MC Qu. 85 Unearned Revenue, which represents the

value 1.00 points MC Qu. 85 Unearned Revenue, which represents the company's obligation.. Unearned Revenue, which represents the company's obligation to honor gift cards previously issued to customers, totaled $5,600 at the beginning of the year and $7700 at the end of the year. Customers purchased gift cards amounting to $43,000 during the year. What was the amount of gift cards redeemed by customers during the year? O $40,900 O $45,100 $56,30o O $29,700 References Multiple Choice MC Qu. 85 Unearned Revenue which represents the company's obligation

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