Current Attempt in Progress

Indigo Company offers a set of building blocks to customers who send in $3$ UPC codes from Indigo cereal, along with $604.$ The block

sets cost Indigo $$1\mathrm{.}40$ each to purchase and $70$$ each to mail to customers. During $2025,$ Indigo 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 Indigo'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.$)$

Account Titles and Explanation

Debit

Credit