For june, gold corp. estimated sales revenue at $600,000. it pays sales commissions that are 4% of sales. the sales manager’s sa

Anemia is a condition characterized by an insufficient amount of healthy red blood cells to transport adequate oxygen throughout the body's tissues.

Response:

Details:

The journal entry for the payment received on April 13 from a customer is recorded as:

Date Account title and explanation Ref Debit Credit

Apr-13 Cash ($5000 - $150)                  $4,850  

         Sales discount ($5000* 3%)      $150  

                    Accounts receivable

                                                                            $5000

(To document the payment received from the customer after discount