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Marigold Compary includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil)

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Marigold Compary includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a premium (a kitchen utensil) In 2025, Marigold Company purchased 9,000 premiurns at 85 centr each and sold 109,000 boses of coap powder at $3.10 per boce, 48,000 coupons were preyented for redemption in 2025 . It is estimated that 60%5 of the coupons will eventually be presented for redemption. Prepare all the entries that would be made relative to sales of soap powder and to the premium plan in 2025 . of no entry is roquired, select "No Entry" for the account tittes and enter O for the amounts Credit account tives are automotically indented when amount is mternd. Do not indent manualk (ist al debit entries before credit entries)

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