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Business, 31.10.2019 04:31 wdw52001

Jennifer cakes places a coupon in each box of its product. customers may send in five coupons and $3, and the company will send them a recipe book. sufficient books were purchased at a cost of $5 each. a total of 400,000 boxes of product were sold in 2016. it was estimated that 6% of the coupons would be redeemed. during 2016, 8,000 coupons were redeemed. which entry should be made at december 31, 2016?

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Jennifer cakes places a coupon in each box of its product. customers may send in five coupons and $3...
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