EB10. LO 6.4 Canary Lawnmowers sold 70 lawnmower parts at $5.00 per part to a customer on December 4 with a cost to Canary of $3.00 per part. Terms of the sale are 5/10,n/25, invoice dated December 4 . The customer pays their account in full on December 16 . On December 21 , the customer discovers 22 of the parts are the wrong size but decides to keep them after Canary gives them an allowance of $1.00 per part. Record the journal entries to recognize these Chapter 6 Homework To recognize sale on credit, 5/10,/25 To recognize cost of sale, 70$5.00;70$3.00 To recognize customer payment, no discount To recognize sales allowance after payment, 22$1.00 EB12. LO 6.5 Review the following situations and record any necessary journal entries for 10 recognize purchase, FOB Destination Note: Lumber Farm is the buyer in this case, so they do not pay for shipping si Destination. Chapter 6 Homework Th rechonize snle with cash. FOB Destinatim tccessibility: Investigate To recognize sale with cash, FOB Destination To recognize cost of sale To recognize shipping charges, FOB Destination Note: Lumber is the seller in this scenario, so they pay shipping since it is FOB Destination. Recording shipping charges in a separate entry can reduce confusion with sales discounts later on since the discount does not apply to shipping charges