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9. Jade Fleming pays $865.08 to bring her account up to date on January 20....

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Accounting

9. Jade Fleming pays $865.08 to bring her account up to date on January 20. Make sure you record the proper discount due to the return based on the credit memo. The underpayment of $15.59 is the calculated discount. Make sure you know how this number is arrived at based on the NET sales for Jade Fleming, Apply the $15.59 as a discount. Record receipt of Jades cheque no. 41 which was deposited into the Chequing account. Record the discount to the Sales Discounts account. Can anyone show me the steps to follow on quick book

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