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Required information Exercise 5-6A Record credit sales with a sales allowance (LO5-1, 5-2) (The following information applies to the questions displayed below.] On April 25,
Required information Exercise 5-6A Record credit sales with a sales allowance (LO5-1, 5-2) (The following information applies to the questions displayed below.] 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 on April 30. Exercise 5-6A Parts 1, 2, and 3 Required: 1.2. & 3. Record the journal entries for the above information. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 1 2 3 > Record the service revenue on account. Note: Enter debits before credits. Date Debit Credit April 25 General Journal Accounts Payable Cash Record entry Clear entry View general ioural Journal entry worksheet Record the sales allowance. Note: Enter debits before credits. General Journal Debit Credit Date April 27 Record entry Clear entry View general journal Journal entry worksheet
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