I will like your answer thanks No.9

Outdoor Expo provides guided fishing tours. The company charges $300 per person but offers a 20% discount to parties of four or more. Consider the following transactions during the month of May. May 2 Charlene books a fishing tour with Outdoor Expo for herself and four friends at the group discount price ( $1,280 =$2405). The tour is scheduled for May 7 . May 7 The fishing tour occurs. Outdoor Expo asks that payment be made within 30 days of the tour and offers a 68 discount for paynent within 15 days. May 9 Charlene is upset that no one caught a single fish and asks managenent for a discount. Outdoor Expo has a strict policy of no discounts related to number of fish caught. May 15 Upon deeper investigation, management of Outdoor Expo discovers that Charlene's tour was led by a new guide who did not take the group to sose of the better fishing spots. In concession, managenent offers a sales allowance of 30s of the anount due. May 20 Outdoor Expo receives the amount owed by Charlene. Required: 1. Record the necessary transaction(s) for Outdoor Expo on each date. 2. Show how Outdoor Expo would present net revenues in its income statement. Journal entry worksheet 2 3 5 Charlene books a fishing tour with Outdoor Expo for herself and four friends at the group discount price ($1,200=$2405). The tour is scheduled for May 7. Note: Enter debits before credits. Required: 1. Record the necessary transaction(s) for Outdoor Expo on each date. 2. Show how Outdoor Expo would present net revenues in its income statement. Complete this question by entering your answers in the tabs below. Show how Outdoor Expo would present net revenues in its income statement. (Do not round intermediate calculations. Roun your answers to 2 decimal places.)