Botanic Choice sells natural supplements to customers with an unconditional right of return if they are not satisfied.The right of returns extends 60 days.On February 10, 2014, a customer purchases $3,000 of products (cost $1,500). Assuming that based on prior experience, estimated returns are 20%. The journal entry to record the return of $200 of merchandise includes a

a. credit to Refund Liability for $200.

b. credit to Returned Inventory for $100.

c. credit to Estimated Inventory Returns for $100.

d. debit to Estimated Inventory Returns for $100.