Question: Return by Ms Naidoo Ms Naidoo returned a lounge suite on 3 0 December 2 0 2 4 , for refund. The lounge suite was
Return by Ms Naidoo Ms Naidoo returned a lounge suite on December for refund. The lounge suite was originally sold and delivered to her on December at a price of R This item was manufactured at a total cost of R We accepted the lounge suite and agreed to refund Ms Naidoo on January when our financial manager returns from leave With reference to revenue transaction b: Prepare the journal entries to correctly account for the return of the lounge suite by Ms Naidoo in the financial statements of Zukofurn for the year ended December
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