Wild willy sandwich shop sell sandwiches throughout the


Question: Wild willy sandwich shop sell sandwiches throughout the country. Wws customers can sign up for a reward card that allows them to receive a free sandwich for every eight purchase with in a three month period. Customers must redeem the card for free sandwich in the following month after the three months period is complete.past experience shows that only 50 percent of the customers purchased enough sandwiches to qualify for a free sandwich. Only 80 percent of those customers actually redeem the card for the free sandwich. In the first quarter of the current year Wws Sol 1200 sandwich at an average price 7.00. Wws only accept cash. Prepare a summary journal entry for revenue recognition.

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Accounting Basics: Wild willy sandwich shop sell sandwiches throughout the
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