For the year ended December 31, 2019, Davidson Mart had sales of $300,000 and cost of goods sold of $225,000.Davidson estimates that approximately 33%of the merchandise sold will be returned. The adjusting journal entry on December 31, 2019, would include a _______.

A.) D. Debit to Sales Revenue for $2,250.

B.) A. Debit to Costs of Goods sold for $6,750

C.) B. Credit to Refunds Payable for $9,000

D.) C. Credit to Estimated Returns inventory for $6,750