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On April 25, Forman Electric installs wiring in a new home for $3.500 on account. However, on April 27th Foreman's electrical work does not pass

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On April 25, Forman Electric installs wiring in a new home for $3.500 on account. However, on April 27th Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $600 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30th. Required: 1. Record the credit sales on April 25th.. 2. Record the sales allowance on April 27th 3. Record the cash collections on April 30th. 4. Calculate net sales associated with these transactions

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