A customer purchased 200 units at $5 each on account and later returns 50 units. The units cost the seller $2 each. What entry (or entries) would the seller make to record the credit to the customer and the return of merchandise? Account Titles Debit Credit Sales Returns & Allowances 250 A/R 250 Record allowance to customer on seller's books 50 u @$5 = $250 Inventory 100 COGS 100 Return goods to inventory on seller's books 50u @ $2 = $100 Cradit Acceunt Titlece Debit es 133a07rlake Account Titles Debit Credit A/P 250 Inventory 250 Record allowance to customer on seller's books 50u @ $5 $250 Account Titles Debit Credit A/R 250 Sales Returns & Allowances 250 Record allowance to customer on seller's books $5 $250 50 u 100 COGS 100 Inventory Return goods to inventory on seller's books 50u @ $2 $100 50u @ $2 = $100 Account Titles Debit Credit Sales Returns & Allowances 100 A/R 100 Record allowance to customer on seller's books 50 u@ $2 $100 COGS 250 Inventory 250 Return goods to inventory on seller's books 50u@ $5 = $250