Question
Required information Skip to question [The following information applies to the questions displayed below.] On April 25, Foreman Electric installs wiring in a new home
Required information
Skip to question
[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, Foremans 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:
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.)
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