Senger Company sold merchandise of $15,500, terms 2/10, n/30, to Burns Inc. on April 23. Burns paid Senger for the merchandise on May 2. On May 12, Senger paid Burns $650 for costs incurred by Burns to repair defective merchandise.
(A) Journalize the entry by Senger Company to record the customer refund to Burris Inc.
(B) Assume that instead of paying Bums cash, Senger issued a credit memo to Burris to be used against Burris's outstanding account receivable balance. Journalize the entry by Senger Company to record the issuance of the credit memo.