QUESTION 24 Forever Clean (FV) is pursuing its annual plan to increase its sales. The company places one coupon in each bottle of 4 kilograms detergent. 10 coupons need to be collected to redeem a premium of a bag. In 2020, FV purchases - 50,000 bags at:RM20.00 each and sells:500,000- bottles of 4 kilograms detergent. The 4 kilograms detergent is sold at a price of RM25.00 each. Based on its experience, FV estimates that 45% of the coupons issued will be mailed back for redemption. During that year, 135,000 coupons are presented for redemption. 1 REQUIRED: Prepare the journal entries that should be recorded in 2020. (Show your calculations) 24