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Check The Giles Agency offers a 8% trade discount when providing advertising services of $1,000 or more to its customers. Audrey's Antiques decides to purchase
Check The Giles Agency offers a 8% trade discount when providing advertising services of $1,000 or more to its customers. Audrey's Antiques decides to purchase advertising services of $2,400 (not including the trade discount), while Michael's Motors purchases only $590 of advertising. Both services are provided on account. Record both transactions for The Giles Agency, accounting for any trade discounts. (if no entry is required for a particular transaction/event, select "No Journal Entry Required in the first account field.) View transaction list Journal entry worksheet Record the services provided to Audrey's Antiques. Note: Enter debits before credits Transaction General Journal Debit Credit View general journal Record entry -- = Clear entry
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