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Instructions: prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2017.

E13-12 (LO3) (Premium Entries) No Doubt Company includes 1 coupon in each box of soap der that it packs, and 10 coupons are redeemable for a premium (a kitchen utensi In 2017, No Doubt Company purchased 8,800 premiums at 80 cents and sold of powder at $3.30 per box, 44,000 coupons were presented for redemption in 2017. It is esti- mated that 60% of the coupons will eventually be presented for redemption. Instructions