Make a journal transaction, if none say no transaction 1.on october, the business students society placed an order for 150 golf...
Make a journal transaction, if none say no transaction
1.on october, the business students society placed an order for 150 golf shirts at a unit cost of $26, under term 2/10
2. The order was received on October 10, but 30 golf shirts had been damaged in shipment
3. on October 11, the damaged golf shirts was returned
4. On October 12, BSS complained that the remaining golf shirts were slightly defective so the supplier granted a GL $220 allowance
5. BBS paid for the golf shirts on October 13
6. During the first week of October, BSS received student and faculty orders for 120 golf shirts, a unit of $43.50, on term 2/10
7. The golf shirts were delivered to these customers on October 18. Unfortunately, customers were unhappy with the golf shirts, so BSS permitted them to be returned or gave an allowance of $43.50
8. On October 21, one-half of the golf shirts were returned
9. On October 22, the remaining 60 customers were granted the allowance on account
10. The customers paid their remaining balanced during the week of October 25.
11 years ago
999999.99
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