$620,000. Bott estumates that 5% of all sales are returned within the one-year period Cost...

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Accounting

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$620,000. Bott estumates that 5% of all sales are returned within the one-year period Cost of goods sold are 75% of sabs The corrgany uses a perpetual irventory sysiem Recond salins and estimaled sales retums for the curtent yoar Gedits Exclude explanations trom any loumal entries)

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