Coronado Company sold $8,610 of its specialty shelving to Elkins Office Supply Co. on account. Prepare...
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Coronado Company sold $8,610 of its specialty shelving to Elkins Office Supply Co. on account. Prepare the entries when (a) Coronado makes the sale. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (b) Coronado grants an allowance of $708 when some of the shelving does not meet exact specifications but still could be sold by Elkins. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Coronado Company sold $8,610 of its specialty shelving to Elkins Office Supply Co. on account. Prepare the entries when (a) Coronado makes the sale. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (b) Coronado grants an allowance of $708 when some of the shelving does not meet exact specifications but still could be sold by Elkins. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit
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