Sweet Company sold $8,590 of its specialty shelving to Elkins Office...
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Accounting
Sweet Company sold $8,590 of its specialty shelving to Elkins Office Supply Co. on account. Prepare the entries when (a) sweet makes the sale. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when the amount is entered. Do not Indent manually) Account Titles and Explanation Credit Debit (b) Sweet grants an allowance of $638 when some of the shelving does not meet exact specifications but still could be sold by Elkins. If no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically indented when the amount is entered. Do not indent manually) Debit Credit Account Titles and Explanation (c) at year end. Sweet estimates that an additional $215 in allowances will be granted to Elkins. Y no entry is required, select "No Entry for the account titles and enter for the amounts Credit account titles are automatically Indented when the amount is entered. Do not indent manually) Account Titles and Explanation Debit Credit
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