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Required information (The following information applies to the questions displayed below.) On April 25, Foreman Electric installs wiring in a new home for $1,800 on
Required information (The following information applies to the questions displayed below.) On April 25, Foreman Electric installs wiring in a new home for $1,800 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $430 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30. 4. Calculate net revenue associated with these transactions
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