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Exercise 13-12 Coronado Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a

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Exercise 13-12 Coronado Company includes 1 coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil). In 2017, Coronado Company purchased 9,400 premiums at 75 cents each and sold 113,000 boxes of soap powder at $3.40 per box; 47,600 coupons were presented for redemption in 2017. It is estimated that 60% of the coupons will eventually be presented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2017. (If no entry is required, select "No Entry" for the account tities and enter for the amounts. Credit account titles are automatically Indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record the premium inventory) (To record the sales) to record the expense associated To co the premium batay Show Work is REQUIRED for this question 2 w Le Brief Exercise 13-15 Orole Company offers a set of building blocks to customers who send in 3 UPC codes from Orole cereal, along with 60. The block sets cost Oriole $0.90 each to purchase and 60$ each to mail to customers. During 2017, Oriole sold 1,344,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2017, 134,400 UPC codes were redeemed. Prepare Oriole's December 31, 2017, adjusting entry. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account tities are automatically indented when amount is entered. Do not indent manually.) wdy Account Titles and Explanation Debit Credit Show Work is REQUIRED for this question: Open Show Work SHOW LIST OF ACCOUNTS Question Attempts: 0 of 1 used SAVE FOR SUBMIT ANSWER rowe

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