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grants the right to return systems that da not sell in three months...

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Accounting

grants the right to return systems that da not sell in three months followina de way Pest exparience indicates that the normal retum credits of $71,000. The company follows IERS.
(a)
(b)
Your answer is partially correct.
Prepane Sheridari's journal antries to record the 971,000 of actual returne on Qatober 10,2023.(Credit accuunt trutles are and enter 0 for the amaunts. List ali debit entries before credit eneniest)
Sate Acoount Titles and Explanation
ar 10.2023 Reound Labtly
(T recund retums from custumers)
ir 10.2023
or 10.2023
in10.2023
Esthenetad inventory Roturna
(To recond retirn of inventory)
(Ta adjust relund labilly for end of right of return)
(Ta sajust coot of goods sold for end of right of return)
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