6 QS 4-20B Recording estimates of future returns LO P6 4 Doints ProBuilder reports merchandise sales of $64,000 and cost of merchandise sales of $12.800 in its first year of operations ending June 30. It makes fiscal-year-end adjusting entries for estimated future returns and allowances equal to 1% of sales of $540, and is of cost of sales, or $128 a.& b. Prepare the June 30 fiscal-year-end adjusting journal entry for future returns and allowances related to sales and cost of sales Put View transaction list References Journal entry worksheet