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Please fill out this chart as shown below extra information below Grittin Shae Company records Soles Returns and Allowances, Sales Discounts, and Credit Card Discounts
Please fill out this chart as shown below
extra information below
Grittin Shae Company records Soles Returns and Allowances, Sales Discounts, and Credit Card Discounts as contre-revenues. Jely 12: Sold nerchandise to custimet at factory stare who charged the 1300 purcthele on her Arerican Eupress card. Areritant togress charges a 1 percent eredit card fee. Cost of goots sold was 3w1y 35 sete July 15 sold nerchandise to Custoner T ot an invoice price of is, 00e, terms 3/10, n/10. Cost af goods 303y as Collected cash doe froe cwitonen t. 3u1y 21 before peying for the orser, a cuitoner returned shoes with an lnvoles peice of 300e. 5ost of coed told was thee. Complese the following table by enseling the amounts of the etfects of each transaction, including the related cost of gooos sold Notei Indicate decreases with a minus sign. Griffin Shoe Company records Sales Returns and Allowances, Sales Discounts, and Credit Card Discounts as contra-revenues. July 12 Sold merchandise to customer at factory store who charged the $300 purchase on her American Express card. American Express charges a 1 percent credit card fee. Cost of goods sold was S175. July 15 Sold merchandise to customer T at an invoice price of $5,960; terms 3/10,n/30. Cost of goods July 20 Sold was $2,500. July 21 Collected cash due from Customer. T. July 21 before paying for the order, a customer returned shoes with an invoice price of \$9ee; cost of goods sold was $600. Complete the following table by entering the amounts of the effects of each transaction, including the related cost of goods soid. Note: Indicate decreases with a minus sign Step by Step Solution
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