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TALVI Drepare parte Pais on June 10 cost McGlver $3,000, and the goods returned cost McGiver $310, BS.S (LO3), AP The following transactions are for
TALVI Drepare parte Pais on June 10 cost McGlver $3,000, and the goods returned cost McGiver $310, BS.S (LO3), AP The following transactions are for Alonzo Company. 1. On December 3, Alonzo Company sold $500,000 of merchandise to Arte Co., on account, terms 1/10, n/30. The cost of the merchandise sold was $330,000. 2. On December 8, Arte Co. was granted an allowance of $25,000 for merchandise purchased on December 3. 3. On December 13, Alonzo Company received the balance due from Arte Co. Instructions RE 125% + E5-1 E5-3 E5-11 E5-5 (a) Entries on the accounts of Alonso General Journal Account Titles Date Debit Credit 12/3/20 Revenue 12/3/20 COGS en 12/8/20 Complete 12/13/20 Cash Sales Discounts Accounts Receivable (b) entry it canh would have been received Janury 2 1/2/21 Cash 17 MacBo
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