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3.125 points On a previous sale of $2,000, Shark Co. accepts a return of $1.000 from its customer. The original cost of the goods returned

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3.125 points On a previous sale of $2,000, Shark Co. accepts a return of $1.000 from its customer. The original cost of the goods returned w $450. The entry to recorded include a credit to Inventory in the amount of $450 Accounts Receivable in the amount of $450. Cost of Goods Sold in the amount of $450 Sales Returns and Allowances in the amount of $1,000. 3.125 points Brayden Co. sold $2.000 worth of merchandise to its customer Carson Inc. At the time of the sale, Brayden offered the customer a discount if the invoice was paid within 10 days, and the customer paid within the discount period. The entry to record Brayderis recent of the payment from Carson would include a debit to Sales Discounts for $40. Accounts Receivable for $2.000 inventory for $40 Cash for $2.000

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