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acked out of Assume you are the bookkeeper for Vivien's Wholesalers, a distributor of kitchen furniture. Your sales manager informed you that Ben's Retailers is

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acked out of Assume you are the bookkeeper for Vivien's Wholesalers, a distributor of kitchen furniture. Your sales manager informed you that Ben's Retailers is unhappy with the quality of some tables delivered on April 6, 2019, and will be shipping back all of the goods. The original invoice amounted to $3,000 and the goods cost Vivien's $1,100. Using a perpetual inventory system, complete the journal entries for Vivien's Wholesalers for each of the following independent scenarios. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places Enter debit accounts in alphabetical order Required a) Rather than taking back the tables, your sales manager agreed to allow Ben's Retailers a 5% discount if they agree to keep the goods. Record Ben's payment in settlement of the invoice on May 6 assuming the allowance is not recorded until the settlement date Date Account Title and Explanation Debit Credit 2019 May 6 4 Collected outstanding accounts receivable ME Engage English (en) b) Suppose that Ben's shipped back all of the goods on April 16 and the inventory was put back on the sales floor. Journalize the transactions. Record the sales return transaction first. Date Account Title and Explanation Debit Credit 2019 Apr 16 . Record sales returns Apr 16 Restock inventory C) Suppose that Ben's shipped back half of the goods on April 16 and kept the other half with a 15% allowance. Journalize the transactions. Record the sales return transaction first. Date Account Title and Explanation Debit Credit 2019 Apr 16 Record sales returns Apr 16 Restock inventory Check

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