Required information [The following information applies to the questions displayed below. On April 25, Foreman Electric installs wiring in a new home for $2,500 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $500 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.) View transaction list View journal entry worksheet Credit No 1 Date April 25 General Journal Accounts Receivable Service Revenue Debit 2,500 2,500 2 April 27 Sales Allowances Accounts Receivable 500 500 3 April 30 2,000 Cash Accounts Receivable 2,000 Required information [The following information applies to the questions displayed below.) On April 25, Foreman Electric installs wiring in a new home for $2,500 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $500 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. Service Revenue Less: Sales Allowances Net revenue