The following information applies to the questions displayed below.] On April 25, Foreman Electric installs wiring in a new home for $2,700 on account. However, on April 27, Foremans electrical work does not pass inspection, and Foreman grants the customer an allowance of $520 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 transaction/event, select "No journal entry required" in the first account field.)

Journal entry worksheet

Record the service revenue on account.

Note: Enter debits before credits.

Date	General Journal	Debit	Credit
April 25

4. Calculate net revenue associated with these transactions.

Net revenue