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Jan. 12 Recorded $6,000 (net 30) decorating fees earned on account from Maribel Thompson to remodel her office. 20 Received $8,000 from Frederick Lombart, a

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Jan. 12 Recorded $6,000 (net 30) decorating fees earned on account from Maribel Thompson to remodel her office. 20 Received $8,000 from Frederick Lombart, a customer. These fees were related to services rendered to improve his office's lobby. 25 Recorded $12,000 (net 60) decorating fees revenue earned on account from Roberto Andriani, a long-time customer who wanted to enhance his residence's decor. 30 Issued Check No. 104 for $190 to pay the utilities bill for the month. 30 Issued Check No 105 for $300 in payment of the telephone bill for the month. 30 Issued Check No. 106 for $200 for postage. 30 Issued Check No. 107 for $450 for business automobile expenses. 30 Issued Check No. 108 for $5,600 to Sophia LeBron for salary. (Payroll taxes are not con- sidered in this entry. Transactions in later months will show you how to journalize payroll tax deductions and expenses.) EA3. LO 6.1 Match each of the following terms with the best corresponding definition. A. Sales allowance i. A customer returns merchandise for a full refund B. Purchase retur 1. A retailer receives a partial refund but keeps the defective merchandise C. Sales discount III. A customer receives a partial refund but keeps the defective merchandise D. Purchase discount iv. A customer pays their account in full within the discount window E. Sales return v. A type of purchase discount negotiated between a manufacturer and a retailer before settlement on a final price F. Trade discount vi. A retailer retums merchandise for a full refund G. Purchase allowance vii. A retailer pays their account in full within the discount window

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