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Current Attempt in Progress Presented below are selected transactions of Swifty Restaurant for the month ending August 31, 2025. a b. Swifty sells 86 gift cards at $72 per gift card and 51 of the gift cards are redeemed by year end. It is estimated that 10 of the gift cards will not be redeemed. Swifty accepted a reservation for its private dining room for a rehearsal dinner in September. It received a security deposit of $300 which will be returned after the dinner is held.

Current Attempt in Progress Presented below are selected transactions of Swifty Restaurant for the month ending August 31, 2025. a b. Swifty sells 86 gift cards at $72 per gift card and 51 of the gift cards are redeemed by year end. It is estimated that 10 of the gift cards will not be redeemed. Swifty accepted a reservation for its private dining room for a rehearsal dinner in September. It received a security deposit of $300 which will be returned after the dinner is held.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Current Attemptin Progress Presented below are selected transactions of Swifty Restaurant for the month ending August 31, 2025. a. b. Swifty sells 86 gift cards at $72 per gift card and 51 of the gift cards are redeemed by year end. It is estimated that 10 of the gift cards will not be redeemed. Swifty accepted a reservation for its private dining room for a rehearsal dinner in September. It received a security deposit of $300, which will be returned after the dinner is held.
Transcribed Image Text:Current Attemptin Progress Presented below are selected transactions of Swifty Restaurant for the month ending August 31, 2025. a. b. Swifty sells 86 gift cards at $72 per gift card and 51 of the gift cards are redeemed by year end. It is estimated that 10 of the gift cards will not be redeemed. Swifty accepted a reservation for its private dining room for a rehearsal dinner in September. It received a security deposit of $300, which will be returned after the dinner is held.
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