Business, 10.03.2020 19:37 jaeheon287

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On April 25, Foreman Electric installs wiring in a new home for $2,700 on account. However, on April 27, Foreman’s 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. Record the journal entries for the above information.

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On April 25, Foreman Elect...

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