Question: Swifty Marina had a customer loyalty program at its gas dock For every litre of gasoline purchased, the customer would get a redemption award of

Swifty Marina had a customer loyalty program at its gas dock For every litre of gasoline purchased, the customer would get a redemption award of $0.011, which can be used to purchase products in the company's retail marine store. In July, the company sold 100000 litres of gasoline By the end of the August, customers redeemed 30000 of the rewards. Swifty should make which of the following entries to record the redemption? Cash 330 Redemption Reward Liability 330 Redemption Reward Liability 330 Cash 330 O Cash 330 330 Redemption Expense 330 Redemption Expense Del to 330 the Cash

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