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What appropriate adjusting entry at the end of the period

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Question 1: Videobusters, Inc. offered books of video rental coupons to its patrons at $39 per book. Each book contained a certain number of coupons for video rentals. During the current period 490 books were sold for $19,110, and this amount was credited to Unearned Rental Revenue. At the end of the period, it was determined that $14,500 worth of coupons had been used by customers to rent videos. The appropriate adjusting entry at the end of the period would be:

Reference no: EM132498966

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