8. Lopez Comqariy reports unadjusted fint-year merchandise sales of 248,000 and cost of merthandise sales of 592.000 . The compary expects futiye returm and alowances equal to 5% of sales and 5% cost of sales. The year-end adjusting entry to rocord the cost cade of coles returns and allowances a: Muaicie Clokce