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Sheffeld Company includes one coupon in each box of soup powdes that it packs, and 10 coupons are redeemable for a premium (b kitchen utensili.

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Sheffeld Company includes one coupon in each box of soup powdes that it packs, and 10 coupons are redeemable for a premium (b kitchen utensili. In 2025, Shetheld Company purchased 8.000 premiums at 75 cents each and sold 105,000 boxes of soap powder at $3.20 per bos 41.000 coupons were pesented for redemption in 2025 . It is estimated that 60% of the coupons will eventually be presented for redemption. Prepare all the entries that would be made relative to sales of soap powider and to the premium plan in 2025 , (If no entry is required, select "No Entry" for the occount titles and enter O 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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