1. CREDIT MEMORANDUM FOR SALES RETURNS AND
ALLOWANCES
Lesson 19-3, page 501
© South-Western
Educational Publishing

2. JOURNALIZING SALES RETURNS AND ALLOWANCES
2 4
1 3
5 6 9
7 8
1. Date 6. Sales Tax Amount
2. First Debit Account Title 7. Credit Account Titles
3. Credit Memorandum Number 8. Diagonal Line
4. Sales Return Amount 9. Total Amount of Return
5. Second Debit Account Title
Lesson 19-3, page 502
© South-Western
Educational Publishing

3. JOURNALIZING CORRECTING ENTRIES AFFECTING
CUSTOMER ACCOUNTS
2
1 3 4
6
5
1. Date
2. Correct Customer Name
3. Memorandum Number
4. Debit
5. Incorrectly Charged Customer Name
6. Credit
Lesson 19-3, page 503
© South-Western
Educational Publishing

4. TERMS REVIEW
sales returns
sales allowance
credit memorandum
Lesson 19-3, page 505
© South-Western
Educational Publishing