Question
A credit sale is made on July 10 for $1,000, terms2/10, n/30. On July 12, $100of goods are returned for credit. Give the journal entry
A credit sale is made on July 10 for $1,000, terms2/10, n/30. On July 12, $100of goods are returned for credit. Give the journal entry on July 19 to record the receipt of the balance due within the discount period.(Credit account titles are automatically indented when the amount is entered.Do not indent manually.)
Date. Account Titles and Explanation Debit Credit
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Accounting and Financial Analysis in the Hospitality Industry
Authors: Johnathan Hales
1st edition
132458667, 978-0132458665
