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Durine the month of Julv, Riverbed Toy Company started a new ixomotion. The company offered to reward their customers for all wies made on Barbie

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Durine the month of Julv, Riverbed Toy Company started a new ixomotion. The company offered to reward their customers for all wies made on Barbie dolls or Toy Trucles during July. For each sale made, the customer will receive a 2% reward of the sales price. which can be redeemed on future purchases unti December of the current year, Riverbed Toy Company estimates that 50% of the rewards will be redecmed, The stand-alone value of the rewards is $2,700. During the month of July, $135,000 of Barbie dolls and Toy Truchs were sold. There wirs $440 worth of redemptions in August. (a) Propare the journal entries to record all transactions related to the reward promotion. (Credit account titles are outomatically indented when the amount is entered. Do not indent manually If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts. Round onswers to 0 decimal places, es. 5,275. List all debit entries before credit entries. Recoed joumal entries in the order presiented in the probiems. Prepsete the joumal entries to record all transactions related to the reward promotion. (Credit account tities are automotically indented when the amount is entered, Do not indent mantaally. If no entry is required, select "No Entry" for the account titles and enter 0 for the anounts. Round answers to 0 decimal ploces, es. 5.275, List all debit entries before credit entries. Record journal entries in the order prosented in the probiem)

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