I need typed answers for Q1-Q9

Revenue recognition with right to return (6 marks) Jingle Bear Inc. (JBI) sells teddy bears to retailers. The teddy bears are sold on the basis that a maximum of 50% of the quantity purchased can be returned within six months. The contract with the customer outlines the amount of consideration and the return policy and that payment is due within 30 days of the end of the return period. On the day the goods are sold, Jel only recognizes revenue for the percentage that cannot be returned and sets up a refund liability for the rest. On 1 June, JBI sold $52,000 worth of teddy bears. On 15 August, $5,200 were returned, and on 3 October, an additional $10,400 were returned. The payment for the balance owing was received on 20 December. The cost of the teddy bears is 60% of the selling price. All of the returns are put back Into inventory and can be resold. Required: Prepare the appropriate journal entries that are required for the described transactions. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet