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What is the amount of revenue robin earned from gift cards

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Question - Robin Corporation begins the year with a balance of $300,000 in unearned revenue related to unredeemed gift cards. During the year, $800,000 in gift cards expiring in 18 months are sold, of which $600,000 worth of gift cards have been redeemed in the same year. Another $50,000 in gift cards expired during the year and was transferred to revenue. What is the amount of revenue Robin earned from gift cards during the period?

Reference no: EM133162367

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