record credut sales with a sales allowance

On April 25, Livingston Electric installs wiring in a new home for $3,300 on account. However, on April 27 . Livingston's electrical work does not pass inspection, and Livingston 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. Required: 1. 2. \& 3. Record the journal entries for the above information. 4. Calculate net sales reported in the income statement. Complete this question by entering your answers in the tabs below. Record the service revenue on account. Note: Enter debits before credits. Record the cash collection. Note: Enter debits before credits. Record the sales allowance. Note: Enter debits before credits. Calculate net sales repored in the income statement. Record the sales allowance. Note: Enter debits before credits. Record the cash collection. Note: Enter debits before credits. Record the service revenue on account. Note: Enter debits before credits. Calculate net sales reported in the income statement. Exercise 5-6 (Static) Record credit sales with a sales allowance (LO5-1, 5-2) On April 25, Foreman Electric installs wiring in a new home for $3,500 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $600 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30. Required