After the amount due on a sale of $25,700, terms 1/10, n/eom, is received from a customer within the discount period, the seller consents to the return of the entire shipment for a cash refund. The cost of the merchandise returned is $15,420.

a. What is the amount of the refund owed to the customer? $

b. Journalize the entries made by the seller to record the return and the refund. If an amount box does not require an entry, leave it blank.

(a)
(b)