Exercise 8.5Recording a purchase allowance. Objective 8-4 On April 17, New World Appliances was given an allowance of $1,075 by Upscale Kitchens which issued Credit Memorandum 112. The allowance was for scratches on stoves that were origi- nally purchased on Invoice 911 dated March 20. Prepare the general journal entry that New World Appliances would make for this transaction