Sales and Sales keturns and Allowances
Gold Enrerprises had the rollowing sales-reared transactions on a recent dav'
a. Billed customer $32,250 on account for services already provided.
o. colectea so.05 in cash tor services to ve proviced in the rocure
r.. The customer comnlained about asnects of the services provided in transaction a. In maintain a nood relationshin with this cuistomer. Gold aranted an allowance ot s1.600 oft the list nrice. The cristomer had not vet naid for the services. d. Gold provided the services for the customer in Transaction b. Additionally, Gold granted an allowance of $410 because the services were provided after the promised date. Because the customer had already paid, Gold paid the $410
allowance in cash.
Required:
Prepare the necessary journal entry or entries) for each of these transactions. It an amount box does not require an entry, leave it blank.