Question: Can I get help on posting this as a General Journal Entry please There is no additional data given. meant to be done at a

Can I get help on posting this as a General Journal Entry please

Can I get help on posting this as a General Journal

There is no additional data given. meant to be done at a credit memo, since software for credit memos is not given professor has stated to enter it as a General Journal Entry.

Sales Credit Note #CN-55 Dated August 3, 2024 Lavender Estates was credited $840 plus GST and RST for a range that was damaged on sales invoice #2470 made by Kaik. Total credit amount was $940.80. Terms: 1/10,n/30. Create new Subgroup revenue account: 4050 Sales Returns and Allowances

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

I have attached pictures of the project instructions in excel. Please help. Thank you so much DETAILED ASSIGNMENT REQUIREMENTS The the Chart of Accounts, below, shows the balances in GBI accounts as...

Please help! i have provided a template, check figs, instructions and what i have completed so far. Please double check mysheet to see if there's anything i'm missing from the entries i have...

I need help with general journal entries, please. CASE STUDY vii. Simulate closing the books as of January 31 using the SAP utility. (Do not enter closing entries into the general ledger. These...

please help me to find the answer for part 1, part3 and part4 Queensland University of Technology QUT Business School School of Accountancy AYB 339 Accountancy Capstone Integrated Case Study Semester...

Working on the City of Smithville Short version. I need the journal entries for Chapters 5, 6, and 9 (including Budgetary) ASAP. Thank you for your help. Instructions City of Smithville Short Version...

please I need this completed asap. If you need the username and password to log-in let me know \fInstructions City of Bingham Computerized Cumulative Problem For use with McGraw-Hill/Irwin Accounting...

I need Chapter 5 and Chapter 6 solutions to the "City of Bingham" continuous accounting problem from the 16e "Accounting for governmental & nonprofit entities" book. Instructions are posted...

At the year end, an analysis by the city?s finance department determined the following constraints on resources in the general fund. Prepare the appropriate journal entry in the general fund to...

State both parts of the Fundamental Theorem of Calculus.

Mortgage. You take out a $290,000 mortgage on 1/1/2022. Assume the mortgage is a 15-year mortgage with an annual rate of 4.3% a. Determine the monthly payment. b. Make an amortization table for the...

Leona is an investment banker for a major Canadian bank and has been a member of her employer's defined contribution pension plan ( DCPP ) for the last 1 3 years. She is retiring from her full - time...

Discuss several ways ( at least four ways ) to improve the requirement process and thus, a project team can avoid a situation where too many changes to the project requirements occur at the later...

17.3 Explain how to improve global assignments through employee selection.

3. How can one improve their negotiation skills based on game theory?

2. In your research, you describe contests as very complicated games. Can you describe some of the factors that lead to the complexity of contests, com-petitions, or negotiations?