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Current Attempt in Progress Crane Company offers a set of building blocks to customers who send in 3 UPC codes from Crane cereal, along with

Current Attempt in Progress
Crane Company offers a set of building blocks to customers who send in 3 UPC codes from Crane cereal, along with 604. The block sets cost Crane $1.40 each to purchase and 70 each to mail to customers. During 2025, Crane sold 924,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2025,92,400 UPC codes were redeemed. Prepare Crane's December 31,2025, adjusting entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
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