On August 1, Delta Corp. received $2,000 cash for providing services to a customer.
On August 30, the customer returned one-fourth of the inventory back to Delta for a cash refund.
Required: In the general journal below, record each of the above transactions.
Note: Do not use decimals, currency symbols, or cents in your numerical responses.
Homework Answers
| Date | DEBIT | CREDIT | |
| Aug 1 | Cash | 2000 | |
| Service Revenue | 2000 | ||
| Aug 30 | Cash | 500 | |
| Sales | 500 | ||
| (2000/4) |
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