Question: Current Attempt in Progress Sheffield had a customer loyalty program at its gas dock. For every litre of gasoline purchased the customer would get a

Current Attempt in Progress Sheffield had a customer loyalty program at its gas dock. For every litre of gasoline purchased the customer would get a redemption award of $0.035, which can be used to purchase products in the company's retail marine store. In July, the company sold 120000 litres of gasoline. The entry to record the ability for the July sales would be a $_credit to IN $4200; Redemption Reward Liability $4200: Sales Discounts $4200, Cash $8400 Cash

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