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QUESTION 2 (15 POINTS) Please journalize the following transactions of Pink Company; November 1: Pink Company sold merchandise on account to a customer TL 3.000,
QUESTION 2 (15 POINTS) Please journalize the following transactions of Pink Company; November 1: Pink Company sold merchandise on account to a customer TL 3.000, terms 5/10, n/45. Cost of merchandise was TL 1000. November 3: Customer finds a defect in one of the merchandise and would keep that merchandise if the price is reduced. Pink Company offers TL 400 reduction in price and the customer accepts that reduction. November 5: the customer makes the payment
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