Question: On April 25, Foreman Electric installs wiring in a new home for $3,300 on account. However, on April 27, Foremans electrical work does not pass inspection, and Foreman grants the customer an allowance of $580 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30.

P1

P2

P3

Record the service revenue on account. Note: Enter debits before credits. General Journal Debit Credit Date April 25 Record the sales allowance. Note: Enter debits before credits. General Journal Debit Credit Date April 27 Record the cash collection. Note: Enter debits before credits. Date General Journal Debit Credit April 30