Longmire \& Sons made sales on credit to Alderman Sports totaling $600,000 on April 18 . The cost of the goods sold is $500,000. Longmire estimates 2% of its sales to Alderman may be returned. On May 22,$6,000 worth of goods (with a cost of $4,800 ) are returned by Alderman. Longmire uses a periodic inventory system. Required: Prepare the related journal entries for Longmire \& Sons. General Journal Shaded cells have feedback. Prepare the related joumal entries for Longmire \& Sons. General Loumal Instructions How does sroding work