| |
|
|
Jrnl. |
Dr. |
Cr. |
|
|
| |
Repairs to a customer’s car under the company Extended Service Plan |
|
PS |
|
|
| |
|
Cash Sales (customer deductible) |
|
|
1010 |
|
| |
|
Ford Receivables—Extended Service Plan |
|
|
1185 |
|
| |
|
|
Sales—Parts—Service Contracts |
|
|
|
5440 |
| |
|
|
Sales—Labor—Service Contacts |
|
|
|
5710 |
| |
|
Cost of Sales—Parts—Service Contracts |
|
|
6440 |
|
| |
|
Cost of Sales—Service—Department Labor—Service Contracts |
|
|
6710 |
|
| |
|
|
Inventory—Parts, Ford |
|
|
|
1400 |
| |
|
|
Inventory—Parts, Other |
|
|
|
1410 |
| |
|
|
Labor in Process |
|
|
|
1440 |
| |
|
|
|
|
|
|
|
| |
Reimbursement of the Extended Service Plan claim on the Warranty & Policy Settlement Statement |
|
P |
|
|
| |
|
Accounts Payable—Trade (Ford) |
|
|
2100 |
|
| |
|
|
Ford Receivable—Extended Service Plan |
|
|
|
1185 |
