red is wrong also need help with sales revune and the account after that

Supply Club, Inc., sells a variety of paper products, office supplies, and other products used by businesses and individual consumers. During July 2021 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 80% probability that any point issued will be redeemed for the discount. During July 2021, the company records $193.500 of revenue and awards 134.375 loyalty points. The aggregate stand-alone selling price of the purchased products is $193.500. 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 $86,000 of merchandise. Seventy-five percent of those sales were for cash, and the remainder were credit sales. (Do not round Intermediate calculations. If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld.) Answer is not complete. No Transaction General Journal Debit Credit 1 1 > Cash Accounts receivable 135,450 58.050 Sales revenue > 2 2 51.800 Cash Accounts receivable Deferred revenue Deferred revenue OOL 17,200 15.480 84,280