Queen Technology Associates creates and sells cutting-edge network software. Queen's quality control officer estimates that 20 percent of the company's sales and purchases of inventory are returned for additional debugging. Queen needs special journals for
• Sales returns and allowances
• Purchase returns and allowances
Required
1. Design on paper or on a computer the two special journals. For each journal, include a column for the appropriate business document.
2. Enter one transaction in each journal, using the Slopes Ski Shop transaction data illustrated on pages 398 and 399. Show all posting references, including those for column totals. In the purchase returns and allowances journal, assume debit memo number 14.