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After the amount due on a sale of $28,200, terms n/eom, is received from a customer, the seller consents to the return of the entire
After the amount due on a sale of $28,200, terms n/eom, is received from a customer, the seller consents to the return of the entire shipment for a cash refund. The cost of the merchandise returned is $16,700. a. What is the amount of the refund owed to the customer? b. Journalize the entries made by the seller to record the return and the refund. General Journal Instructions Question not attempted. PAGE 10 JOURNALACCOUNTING EQUATION Score: 0/51 DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY
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