lizzie shoes experience gift cards that have not


Lizzie Shoes' experience, gift cards that have not been redeemed within 12 months are not probable to be redeemed. Lizzie Shoes sold gift cards for $18,000 through August of 2013. $4,000 of cards were redeemed in September of 2013, $3,000 in October, $2,500 in November, and $2,000 in December of 2013. In 2014 an additional $1,000 of cards were redeemed in January and $500 in February.

Explain how much gift card revenue related to with the August 2013 gift card sales would Lizzie get to recognize in 2013 and 2014?

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Cost Accounting: lizzie shoes experience gift cards that have not
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