Botanic Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales returns period extends 60 days. On February 1, 2018, a customer purchases $4,000 of products (cost $2,400) by paying cash. The journal entry to record the actual return of $800 of merchandise on February 3, 2018 includes a

a. debit to Cost of Goods Sold for $480.

b. debit to Estimated Inventory Returns for $480. c. debit to Returned Inventory for $480.

d. credit to Accounts Receivable for $800.

e. credit to Sales Returns and Allowance for $800.