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help please (5) Adventure Fishing provides guided fishing tours. The company charges $110 per person but offers a 20% discount to partles of four or

help please (5)
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Adventure Fishing provides guided fishing tours. The company charges $110 per person but offers a 20% discount to partles of four or more Consider the following transactions during the month of May. May 2 Charlene books a fishing tour with Adventure Iishing for herself and four friends at the broup discount price ( $440=$88 - x 5). The tour is scheduled for May 7. Moy 7 the fishing tour occurs. Adventure fishing asks that paynent be made within 30 days of the tour and offers a-65 discount. for poynent within 15 days. Kay 9 Charlene is upset that no one caught a single Hish and asks managenent for a discount. Adventure Fishing has a strict policy of no discounts related to number of fish cought. May 15 Upon deeper investlgation, managenent of Adventure Fishing discovers that charlene's tour was led by a new guide who did not take the group to some of the better fishing spots. In concession, sansgement offers a sales allouance of 30 of the anount due, May 20 Adventure Fishing receives the amount owed by Charlene. Required: 1. Record the necessary transaction(s) for Adventure Fishing on each date. 2. Show how Adventure Fishing would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Record the necessary transaction(s) for Adventure Fishing on each date. (if no entry is cequired for a particular transaction/event, seloct "Ao Joumal Entry Reguired" in the firtit acceunt ficid. Do not round intermediate calculations. Round your answens to 2 decimal places. Required: 1. Record the necessary transaction(s) for Adventure Fishing on each date. 2. Show how Adventure Fishing would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Record the necessary transaction(s) for Adventure Fishing on each date. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to 2 decimal places.) Journal entry worksheet Charlene books a fishing tour with Adventure Fishing for herself and four friends at the group discount price ($440=$885). The tour is scheduled for May 7. Notes Enter debits belore aredits. Required: 1. Record the necessary transaction(s) for Adventure Fishing on each date. 2. Show how Adventure Fishing would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Show how Adventure Fishing would present net revenues in its income statement. (Do not round intermediate caiculations. Round your answers to 2 decimal places.)

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