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    jakres's Avatar
    jakres Posts: 1, Reputation: 1
    New Member

    Oct 15, 2007, 12:03 PM
    Cash and Receivables
    Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. Gershwin would record this reduction by crediting accounts receivable and debiting:

    b) sales discount
    c)sales return
    d) sales allowances
    avenger9000's Avatar
    avenger9000 Posts: 99, Reputation: 2
    Junior Member

    Oct 15, 2007, 12:56 PM
    Hey have you read the announcement about how we don't do your homework for you??
    If not I suggest you do go and read it...

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