Whispering Company offers a set of building blocks to customers who send in 3 UPC...
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Whispering Company offers a set of building blocks to customers who send in 3 UPC codes from Whispering cereal, along with 50 e. The block sets cost Whispering $1.40 each to purchase and 50 es each to mail to customers. During 2025, Whispering sold 1,320,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2025, 132,000 UPC codes were redeemed. Prepare Whispering's December 31:2025, adjusting entry, (lf no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit occount titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries)
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