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please make journal entries The Snappy Candy company is offering a deal to attract new customers to its new product With 3 box tops and
please make journal entries
The Snappy Candy company is offering a deal to attract new customers to its new product With 3 box tops and $1.50, customers can receive a Snappy Candy Doggy toy, with an estimated retail value of $7 In preparation for the promotion, Snapper Candy bought 30,000 toys at 52 20 each. Snapper produced and sold 120.000 boxes during the offer period at $1.49 each. At the time, they estimated that 60% of the box tops would be redeemed In the following period, they received and redeemed 78,000 box tops. Mailing the toys cost the firm S115 cach. Excess toys were donated to charity PAGE JOURNAL POST CREDIT DATE DESCRIPTION Step by Step Solution
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