Assume you are the bookkeeper for Moira's Wholesalers, a distributor of kitchen furniture. Your sales manager informed you that Chad's Retailers is unhappy with the quality of some tables delivered on August 9, 2019, and will be shipping back all of the goods. The original invoice amounted to $2,000 and the goods cost Moira's $1,200. Using a perpetual inventory system, complete the journal entries for Moira's Wholesalers for each of the following independent scenarios. Do not enter. dollar signs.or.commas in the input boxes. Round all answers to 2 decimal places. Enter debit accounts in alphabetical order. Required c) Suppose that Chad's shipped back half of the goods on August 21 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 2019 Aug 21 Sales Returns and Allowances 2000 x Accounts Receivable Record sales returns Aug 21 Merchandise Inventory 600 Cost of Goods Sold Restock inventory 600