The Red Radish sells standard flower arrangements to hotel chains in the East London area. The company has been in business for many years, with a large client base and has never had any problems supplying customer orders. The Red Radish has spare capacity and thus wishes to encourage an increase in sales volume. In this regard, it operates a rebate system for major clients, where selling prices per flower arrangement are cheaper based on the annual volumes ordered, as follows: - 0250000 arrangements per year are sold for C3 each. - 250001499999 arrangements per year are sold for C2.88 each - 500000+ arrangements per year are sold for C2.70 per unit During June 20X4, it received orders from three of its major clients: Mykonos Hotel ordered 92000 flower arrangements, Trekker's Hideout ordered 49500 flower arrangements and the Spring Apartments ordered 17250 flower arrangements. Their expected annual orders are 1112500,490000 and 237900 flower arrangements, respectively. The Red Radish invoices its clients on delivery of the flower arrangements and expects to receive cash from its customers on the same day. However, Spring Apartments paid a total of nnnnnn in June 20X4 (this was a payment to cover both its June 20X4 orders and a signir order it plans to place during the next few weeks) and Mykonos Hotel was granted: 40/377 on the orders it placed in June 204. Assume any financing component is insignificant. Required: Prepare The Red Radish's journal entries for June 204. lqnore loss allowances. The Red Radish sells standard flower arrangements to hotel chains in the East London area. The company has been in business for many years, with a large client base and has never had any problems supplying customer orders. The Red Radish has spare capacity and thus wishes to encourage an increase in sales volume. In this regard, it operates a rebate system for major clients, where selling prices per flower arrangement are cheaper based on the annual volumes ordered, as follows: - 0250000 arrangements per year are sold for C3 each. - 250001499999 arrangements per year are sold for C2.88 each - 500000+ arrangements per year are sold for C2.70 per unit During June 20X4, it received orders from three of its major clients: Mykonos Hotel ordered 92000 flower arrangements, Trekker's Hideout ordered 49500 flower arrangements and the Spring Apartments ordered 17250 flower arrangements. Their expected annual orders are 1112500,490000 and 237900 flower arrangements, respectively. The Red Radish invoices its clients on delivery of the flower arrangements and expects to receive cash from its customers on the same day. However, Spring Apartments paid a total of nnnnnn in June 20X4 (this was a payment to cover both its June 20X4 orders and a signir order it plans to place during the next few weeks) and Mykonos Hotel was granted: 40/377 on the orders it placed in June 204. Assume any financing component is insignificant. Required: Prepare The Red Radish's journal entries for June 204. lqnore loss allowances