Please help me with these four tables question. (give me four table please)
Current Attempt in Progress Carla Vista Publishing Co.publishes college textbooks that are sold to bookstores on the following terms. Each title has a fixed wholesale price, terms f.o.b. shipping point, and payment is due 60 days after shipment. The retailer may return a maximum of 30% of an order at the retailer's expense. Sales are made only to retailers who have good credit ratings. Past experience indicates that the normal return rate is 12% and the average collection period is 72 days. The company follows IFRS. On August 8, 2020, Carla Vista shipped books invoiced at $34,000,000 (cost $27,000,000). Prepare the journal entry to record this transaction, including the expected returns. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Date Account Titles and Explanation Debit Credit August 8, Accounts Receivable 34000000 2020 Allowance for Sales Returns and Allowances Sales Revenue 29920000 (To record sale on account) August 8, Cost of Goods Sold 29920000 2020 Inventory 4080000 29920000 (To record cost of goods sold) On October 3, 2020, $1,600,000 million of the invoiced July sales were returned according to the return policy, and the remaining $32,400,000 million was paid. Prepare the journal entries for the return and payment. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Round answers to decimal palces, e.g. 5,275.) Debit Credit 2480000 2480000 Date Account Titles and Explanation October Sales Returns and Allowances 3, 2020 Accounts Receivable (To record return from customer) October 3,2020 Inventory Cost of Goods Sold (To record return of inventory) October Cash 3, 2020 Accounts Receivable (To record collection on account) On August 8, 2020, Carla Vista shipped books invoiced at $34,000,000 (cost $27,000,000). Prepare the journal entry to record this transaction, including the expected returns. Carla Vista follows ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date Account Titles and Explanation August 8, Accounts Receivable 2020 Sales Revenue (To record sale on account) August 8, Cost of Goods Sold 2020 Inventory on Consignment (To accrue for sales returns) August 8, 2020 (To record cost of goods sold) On October 3, 2020, $1,600,000 million of the invoiced July sales were returned according to the return policy, and the remaining $32,400,000 million was paid. Prepare the journal entries for the return and payment. Carla Vista follows ASPE. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Date October 3, 2020 Account Titles and Explanation Sales Returns and Allowances Accounts Receivable (To record return from customer) Inventory on Consignment October 3.2020 Cost of Goods Sold (To record return of inventory) Cash October 3, 2020 Accounts Receivable (To record collection on account)
