An entity operates a customer loyalty program. The entity grants program members loyalty points when they spend

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An entity operates a customer loyalty program. The entity grants program members loyalty points when they spend a specified amount on the entity's products. Program members can use the points to buy products from the entity for free. The points have no expiry date. The entity provided the following details in relation to this program: Proceeds from sale of products, P4,750,000 Stand-alone selling price of the points issued, P250,000 Points redeemed, 60%

Posted Date: May 18, 2024 08:02 AM

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An entity operates a customer loyalty program. The entity grants program members loyalty points when they spend

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