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NightWoundsTime Brewing Company distributes its products in an aluminum keg. Customers are charged a deposit of $65 per keg; deposits are recorded in the Keg
NightWoundsTime Brewing Company distributes its products in an aluminum keg. Customers are charged a deposit of $65 per keg; deposits are recorded in the Keg Deposits account. b-1. Use the horizontal model to show the effect of giving a keg deposit refund to a customer for one keg. Indicate the financial statement effect. b-2. Record the journal entry to show the effect of giving a keg deposit refund to a customer for one keg. Note: If no entry is required for a transaction/event, select "No journal entry requirc the first account ficld. hate: Enter dezita bstorv credite
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