Georgia's Salon
the Salon Sells $50,000 of Gift Cards in May

Georgia's Salon
The salon sells $50,000 of gift cards in May Year 1. These gift cards may be used anytime before their expiration on May 31, Year 2.
-Refer to the figure Georgia's Salon.Which of the following is the correct journal entry to record the sale of the gift cards? a.
$\begin{array}{ll}\text { Cash } & 50,000 \\\text { Accounts Payable } && 50,000 \\\end{array}$

b.
$\begin{array}{ll}\text { Cash } & 50,000 \\\quad \text { Unearned Sales Revenue } &&50,000 \\\end{array}$

c.
$\begin{array}{ll}\text { Cash } & 50,000 \\\text { Sales Revenue } &&50,000\end{array}$

d.
$\begin{array}{lll}\text { Cash } & 50,000 \\\text { Prepaid Sales Revenue } & & 50,000\end{array}$