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Windsor Company offers a set of building blocks to customers who send in 3 UPC codes from Windsor cereal, along with 40¢. The
block sets cost Windsor $1.10 each to purchase and 60¢ each to mail to customers. During 2025, Windsor sold 1,440,000 boxes of
cereal. The company expects 30% of the UPC codes to be sent in. During 2025, 144,000 UPC codes were redeemed. Prepare
Windsor's December 31, 2025, 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. List all debit entries before credit entries.)
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