Question: PLEASE SHOW SOLUTION AND PUT IN THE SAME FORMAT AS IT IS IN THE IMAGES. THANKS! Furtastic manufactures imitation fur garments. On June 1, 2021,

PLEASE SHOW SOLUTION AND PUT IN THE SAME FORMAT AS IT IS IN THE IMAGES. THANKS!

PLEASE SHOW SOLUTION AND PUT IN THE SAME FORMAT AS IT IS IN THE IMAGES. THANKS! Furtastic manufactures imitation fur garments. On June 1, 2021, Furtastic made a sale to Willett's Department Store under terms that

Furtastic manufactures imitation fur garments. On June 1, 2021, Furtastic made a sale to Willett's Department Store under terms that require Willett to pay $250.000 to Furtastic on June 30, 2021. In a separate transaction on June 15, 2021. Furtastic purchased brand advertising services from Willett for $32,000. The fair value of those advertising services is $15,000. Furtastic expects that 3% of all sales will prove uncollectible Required: 1. to 3. Prepare the journal entries to record the transactions above. (If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) View transaction list Journal entry worksheet

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