Assume you are the bookkeeper for Constance's Wholesaler, a distributor of kitchen furniture. Your sales manager informed you that Ted's Retailers is unhappy with the quality of some tables delivered on February 4, 2018, and will be shipping back all of the goods. The original invoice amounted to $2,700 and the goods cost Constance's $1,000. The company uses a perpetual inventory system, journalize the following independent scenarios. c) Suppose that Ted's shipped back half of the goods on February 22 and kept the other half with a 5% allowance. Journalize the transactions. Record the sales return transaction first. Date Account Title and Explanation Debit Credit 2018 Feb 22 Sales Returns and Allowances 1283 X Accounts Receivable 1418 X Record sales returns