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On 4 June 201, a company sold $14,000 worth of goods, with a product cost of $9,000. The contract includes a retum provision for 60 doys. The company tas no experience with returns with this custorner lype, and as a result, revenue is not recognized. At the end of the return period, the customer returns 5% of the goods. The goods can be re-sold to another customer. Required: Prepore the joumal enties for imventory both on the date of sole and at the end of the return period. Of no entry is required for tronsoction/event, select "No journol entry required" in the first account field.). Journal entry worksheet Premare the journal entry at the time of sale: Note: titer debis before cinats