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On October 20, Sunland sells merchandise with a cost of $2,820 to Carla Vista for...

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Accounting

On October 20, Sunland sells merchandise with a cost of $2,820 to Carla Vista for $4,700 cash. On October 25, Sunland received
retumed goods from Carla Vista and refunds the amount in cash for items that had a selling price of $470 and a cost of $282.
Use a tabular summary to record the transactions for Sunland Company using a perpetual inventory system. Include margin
explanations for the changes in revenues and expenses. (Enter negative amounts using either a negative sign preceding the number e.g.-45
or parentheses e.g.(45).)
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