nakarelinp0p303
26.03.2020 •
Business
On August 12, a company provides services on account to a customer for $3,200. However, on August 16, the customer is not completely satisfied with the service and the company grants an allowance on the amount owed of $460. On August 20, the customer makes full payment of the balance owed, excluding the allowance. Record the services provided on August 12, the sales allowance on August 16, and the cash collection on August 20
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Ответ:
Journal Entries are as follows;
Explanation:
Aug 12.
Account Receivable Dr.$3,200
Service Revenue Cr.$3,200
Aug 16.
Service Revenue/Discount Allowed Dr.$460
Account Receivable Cr.$460
August 20.
Bank Dr. $.2,740
Account Receivable (3,200-460) Cr.$2,740
Ответ:
What did you put? sorry for asking though