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Problem 5-2A Record transactions related to credit sales and contra revenues (LO5-1,5 2) The following information applies to the questions displayed be w Outdoor Expo

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Problem 5-2A Record transactions related to credit sales and contra revenues (LO5-1,5 2) The following information applies to the questions displayed be w Outdoor Expo provides guided fishing tours. The company chat $300 person but offers a 20% discount to parties of four or more Consider the following transactions during the motor May 2. Charlene books Fishing tour with Outdoor Expo for herself and friends at the group discount price (51,200 - 3240 x 5). The tour is scheduled for Hay 7. Hay 7 The fishing tour occurs. Outdoor Expo asks that payment be made within 30 days of the town and offers a 63 discount for payment within 15 days. 9. Charlene is upset that no one caught a single fish and asks management for discount. Outdoor Expo has strict polscy of no discounts related to number of fish caught 15 Upon deeper investigation management of Outdoor Expo discovers that charients tour was led by new pudde who did not take the group to some of the better Fishing spots. In concession, management offers a sales and of of the sont due Hwy 29 Charlene pays for the tour atter deducting the sales allowance Problem 5-2A Part 1 Required: march O BI 9 SSF Cop tes *3 4 5 6 7 8 9 E R T o P t DE F G H J c B N M at

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