Question: ( 7 points ) Claudia's TV ' s sells big screen TV ' S . As a promotion, Claudia offers a Special Package that includes

(7 points) Claudia's TV's sells big screen TV'S. As a promotion, Claudia offers a Special Package that includes a Big Screen TV and a coupon for 40% of a future purchase within the next 60 days. The TY normally sells for $1,000. The coupon, which Claudia expects 75% of customers to use on an average purchase of $500, was given at the time of sale. On May 1, Claudia sold 10 Packages for $1,000 cash each. All of the TVs were delivered during May and none of the coupons were redeemed by the end of. What were the performance obligationS? How much is assigned to each PO? What are the acct,debit and credit entries for 5/1 and 5/31

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