Sweet dates company offers a premium to its customers—a glass bowl (cost to sweet dates is $0.90) upon return of 40 coupons. two coupons are placed in each box of dates sold. the company estimates, on the basis of past experience, that only 70% of the coupons will ever be redeemed. during 2016, 10 million boxes of dates are sold, for cash, at $0.30 each. eight million coupons are redeemed during 2016. sweet dates purchased 360,000 glass bowls for the plan on january 1, 2016.required: 1. prepare the journal entries related to the sale of dates and the premium plan in 2016.2. show how the preceding items would be reported on the december 31, 2016, balance sheet.

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Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Which of the following tasks would be a line cook's main responsibility? oa. frying french fries ob. chopping onions oc. taking inventory of stocked dry goods od. paying invoices