Fashion jewelers uses the perpetual inventory system on


Fashion Jewelers uses the perpetual inventory system. On April? 2, Fashion sold goods with a cost of $8,000 for $10,000 with terms of 33?/15, ?n/30. On April? 4, the customer reported damaged goods and Fashion granted a $2,000 sales allowance. On April? 10, Fashion received the payment for the sale. Give the journal entry that will be recorded on April 10 by Fashion.

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Financial Accounting: Fashion jewelers uses the perpetual inventory system on
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