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On April 25, Richards Electric installs wiring in a new home for $3,100 on account. However, on April 27 , Richards's electrical work doe: not
On April 25, Richards Electric installs wiring in a new home for $3,100 on account. However, on April 27 , Richards's electrical work doe: not pass inspection, and Richards grants the customer an allowance of $560 because of the problem. The customer makes full oayment of the balance owed, excluding the allowance, on April 30. Required: 2. \& 3. Record the journal entries for the above information. 4. Calculate net sales reported in the income statement. Complete this question by entering your answers in the tabs below. Record the journal entries for the above information. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet INote: tnter aedits Derore creaits
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