Question: Journal entry worksheet 1 3 4 5 Macy discovers that 100 units are scuffed but are still of use and, therefore, keeps the units. Allied

 Journal entry worksheet 1 3 4 5 Macy discovers that 100

Journal entry worksheet 1 3 4 5 Macy discovers that 100 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. Note: Enter debits before credits. Credit Debit Date General Journal May 08 View general journal Clear entry Record entry Next

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