Supply Club, Incorporated, sells a variety of paper products, office supplies, and other products used by businesses and individual consumers. During July 2024, it started a loyalty program through which qualifying customers can accumulate points and redeem those points for discounts on future purchases. Redemption of a loyalty point reduces the price of one dollar of future purchases by 20% (equal to 20 cents) Customers do not earn additional loyalty points for purchases on which loyalty points are redeemed Based on past experience, Supply Club estimates a 60% probability that any point issued will be redeemed for the discount. During July 2021, the company redeemed 10,800 points and sold additional product of $135,000, so it recorded $145,800 of revenue. The aggregate stand-alone selling price of the purchased products is $145,800. Seventy percent of sales were cash sales, and the remainder were credit sales. Required: 1. & 2. Prepare Supply Club's journal entry to record July and August sales. During August, customers redeem loyalty points on $64,800 of merchandise. Sixty-five percent of those sales were for cash, and the remainder were credit sales. Note: Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.

In what situation should you MAKE?

Title 1. Complete a search of online resources for grieving individuals. Which ones might you find helpful Description   1. Complete a search of online resources for grieving individuals. Which ones might you find helpful in your work with clients? Which ones might be helpful for your clients? 2. What do you think should be the minimum level of education, training, and experience for individuals who assist bereaved individuals?

Can anyone explain how to do these problems step by step?