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Your answer is partially correct. Try again. Whispering Company offers a set of building blocks...

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Accounting

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Your answer is partially correct. Try again. Whispering Company offers a set of building blocks to customers who send in 3 UPC codes from Whispering cereal, along with 60. The block sets cost Whispering $1.30 each to purchase and 60 each to mail to tomers. During 2017, whispering sold 1,020,000 boxes of cereal. The company expects 30% of the UPC codes to be sent in. During 2017, 102,000 UPC codes were redeemed. Prepare whispering's Decembe 2017, adjusting entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Premium Expense 78880 Premium Liability 8880 Click if you would like to Show Work for this question: Open Show Work

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