2. Bo C orporation issued 3,000 $1,000 beds at 102. Each bond was issued with one detachable share warrant. At issuance, the not present value of the bonds without the war was 2.970,000 Requiredi Prepare the learna entry to record the issance of the band and the share On March 10, 2018, Hardwood Company sold to Barr Hardware 200 bolts at a price of $50 cach (cost $30 per set) with terms of n60, fob shipping point. Harchwood allows Barr to return any unused tool sets within 60 days of purchase. Hardwood estimates that (1) 10 sets will be returned, (2) the cost of recovering the products will be immaterial, and (3) the returned tools sets can be resold at a profit. On March 25, 2018. Bart returned six toolsets and received a credit to its account. Required: Prepare journal entries for Hardwood to record (1) The sale on March 10, 2018 (2) The return on March 25, 2018 ) Any adjusting entries required on March 31, 2018 (when Hardwood prepares financial statements). Hardwood believes the original estimate of returns is correct