xl x,l E- HomePage-201 G what does correla 1 Seton Hall. Prod 1 Test 1 a-201 Seton Hall, pod X CHAPTER 5 HW A : html GAR Search Resuiew Fing Data uimat i englsh G Domo kKun CirdeGPA ClctorPokemon Mystery HomeMy Docaments fe HW ASSIGNMENT Help Save & Clarks Inc., a shoe retailer, sells boots in different styles. In early November the company starts se . When a customer purchases a pair of Sun Boots, Clarks also gives the customer a 30% discount coupon tor any additional future purchases made in the next 30 days. Customers can't obtain the discount coupon otherwise. Clarks anticipates that approximately 20% of customers will utilize the coupon, normally sell for $150 and that on average those customers will purchase additional goods that Required: 1. How many performance obligations are in a contract to buy a pair of SunBoots? 2. Prepare a journal entry to record revenue for the sale of 1,100 pairs of SunBoots, assuming that Clarks uses the residual method to estimate the stand-alone selling price of SunBoots sold without the discount coupon Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare a journal entry to record revenue for the sale of 1,100 pairs of SunBoots, assuming that Clarks uses the residual method to estimate the stand-alone selling price of SunBoots sold without the discount coupon. (If no entry is required for a event, select "No journal entry required" in the first account field.) No Transaction