Supply Club, incorporated, sells a variety of paper products, office shipplies, and other pootuctr used by busnesses and incivetuat those points for despunts on future putchases. Redemption of a layaty point reduces the price of one dolls of future purchases by 20 te (equat to 20 cerits). Customers do not eam additionst loyalty points for purch ases on which loyaty point are sedeemed. Eased 2021, the company tedeemed 13,200 point and sold additional peotuct of 5165,000 , 50 a fecorded 5178,200 of revtrue. Tre remainder were ciedit sales. Required: 1. \& 2. Piepare Supply Gubis journal entry to record Juy and August sales, During August, curtomers rederm loyaty points on 579.200 of merchandize Sasty-five percent of those sales were fot cash, and the rectainder were credit west Note: Do not round intecmediate colculations. If no entiy is required for o tronsectionievent. telect "No joumal entry tequired" in the first account field. Journal entry worksheet Supply Club, incorporated, sells a variety of paper products, office shipplies, and other pootuctr used by busnesses and incivetuat those points for despunts on future putchases. Redemption of a layaty point reduces the price of one dolls of future purchases by 20 te (equat to 20 cerits). Customers do not eam additionst loyalty points for purch ases on which loyaty point are sedeemed. Eased 2021, the company tedeemed 13,200 point and sold additional peotuct of 5165,000 , 50 a fecorded 5178,200 of revtrue. Tre remainder were ciedit sales. Required: 1. \& 2. Piepare Supply Gubis journal entry to record Juy and August sales, During August, curtomers rederm loyaty points on 579.200 of merchandize Sasty-five percent of those sales were fot cash, and the rectainder were credit west Note: Do not round intecmediate colculations. If no entiy is required for o tronsectionievent. telect "No joumal entry tequired" in the first account field. Journal entry worksheet