Cranberry's Car Services provides maintenance services for motorized vehicles. On March 17, 2022, a customer placed an
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Cranberry's Car Services provides maintenance services for motorized vehicles. On March 17, 2022, a customer placed an order for a new set of tires for $355. When a customer purchases goods or services in excess of $300, Cranberry's gives the customer a 20% discount coupon for future purchases made in the next three months. Antonio's estimates that approximately 75% of customers utilize the coupon and that on average those customers will purchase goods or services that typically sell for $60. Prepare Cranberry's journal entry to record the sale of the new set of tires on March 17, 2022.
Related Book For
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
Posted Date: