A credit sale is made on July 10 for $800, terms 2/10, n/30. On July 12, the purchaser returns $100 of goods for credit. Give the journal entry on July 19 to record the receipt of the balance due within the discount period.24. As the end of Ray Company's fiscal year-end approached, it became clear that the company had considerable excess inventory. Alexander McBain, the head of marketing and sales, ordered salespeople to "add 20% more units to each order that you ship. The customers can always ship the extra back next period if they decide they don't want it. We've got to do it to meet this year's sales goal." Discuss the accounting implications of Alexander's action.