Assume the following data for Lusk Inc. before its year-end adjustments: Sales for the year ................................................................. $3,600,000
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Assume the following data for Lusk Inc. before its year-end adjustments:
Sales for the year ................................................................. $3,600,000
Estimated percent of refunds for the year ....................... 0.8%
Journalize the adjusting entry for costumer refund and allowances
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Related Book For
Accounting
ISBN: 9781337902687
28th Edition
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
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