Candid Cameras had s u the form of a r ms and ng the month of own The Go that led 500. Based on experience company management expects p to Candid Cameras of the goods that are estimated to be retumedis 5255 art of the mount will be refunded to customers in Read the Requirement 1. Journalize the necessary journal entries to record the estimated rounds on June 30. No explanations are necessary. (Record debit first, then credits Exclude explanations from any ouma entries) Begin by making the adjusting journal entry for the estimated refund liability on June 30 Journal Entry Accounts Debit Credit Choose from any list or enter any number in the input fields and then continue to the next question Previous Read Now make the adjusting journal entry for the estimated Inventory returns on June 30 Journal Entry Accounts Det June Credi Requirement 2. How are the Estimated refund ability and Estimated inventory retumsrected on Candid Cameras financial statements for the month anded June 307 Choose from any list or enter any number in the input fields and then continue to the next question Previous G H J K L 2 of 17 (4 complete) me that totaled $8,500. Based on experience, company management expects 5 percent of the sa to Candid Carmeras of the goods that are estimated to be returned is $255. 1 Requirements 1. Journalize the necessary journal entries to record the estimated refunds on June 30. No explanations are necessary. 2. How are the Estimated refund liability and Estimated inventory returns reflected on Candid Carmeras' financial statements for the month ended June 30? he mor Print Done ventory the input fields and then continue to the next