Customer return and refund

Customer return and refund On December 28, 20Y3, Silverman Enterprises sold $18,500 of merchandise to Beasley Co, with terms n/30. The cost of the good sold was $11,200. On December 31,203, Silverman prepared its adjusting entries, yearly financial statements, and closing entries. On January 3, 20Y4, Silverman Enterprises issued Beasley Co. a credit memo for returned merchandise. The invoice amount of the returned merchandise was $4,000 and the merchandise originally cost Silverman Enterprises $2,350. a. Journalize the entries by Silverman Enterprises to record the December 28,20y3, sale. If an amount box does not require an entry, leave it blank. b. Journalize the entries by Silverman Enterprises to record the merchandise returned by Beasley Co. on January 3,20 Y4. If an amount box does not require an entry, leave it blank. 2 Creck Mrwer c. Journalize the entry to record the receipt of the amount due by Beasley Co. on January 7, 20Y4, If an amount box does not require an entry, leave it blank. 20Y4 1 Feodback Check My Work Feedback Check My Work 0 more Check My Work uses remaining. Next