Exercise 5-6 Record credit sales with a sales allowance (LO5-1, 5-2) 5-6 Record credit The following information applies to the questions displayed below. On April 25, Foreman Electric installs wiring in a new home for $3,500 on account. However, on April 27, Foreman's electrical work does not pass inspection, and Foreman grants the customer an allowance of $600 because of the problem. The customer makes full payment of the balance owed, excluding the allowance, on April 30
