Identifying and Recording Customer Optien for Additional Merchandise tends, Kolis estimates tha 35% of the credis will be redeemed. a. Deterthine how many performance oblegations are included in a sules transactoon during the sales incective program. Assume all sales were cash sales. Nete: Carry all decimus in calculabons, round the final answer to the resrest dollar: \begin{tabular}{|c|c|c|c|} \hline Account Name & & Debit: & Credit \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline & & 0 & I 0 \\ \hline \multicolumn{4}{|l|}{ Io resord the sale of merchandine } \\ \hline & & 0 & 0 \\ \hline & & 0 & 0 \\ \hline Io record the cost of sale of merchandise & & & \\ \hline \end{tabular} C. Record is summary entry to recognize revenue (if any during the 5-day merchandise credit redemption period, assuming that 35% of the credits are redeemed. \begin{tabular}{|c|c|c|c|} \hline Account Name & & Debit & Credit \\ \hline & & 0 & 0 \\ \hline & v & 0 & 0 \\ \hline To receotoize revenis. & & & \\ \hline \end{tabular} d. Record a summary entry to recognize revenue (f any) at the conclusion of the 5 -day merchandise credit redemption period, assuming that no credits are redeemed. \begin{tabular}{|c|c|c|c|} \hline Account Name & & Debit & Credit \\ \hline & v & 0 & 0 \\ \hline & v & 0 & 0 \\ \hline Torecesgoizerentoue. & & & \\ \hline \end{tabular}