NEED TO COMPLETE THE GENERAL JOURNAL

Sales Returns Instructions Chart of Accounts General Journal Instructions x Longmire & Sons made sales on credit to Alderman Sports totaling $800,000 on April 18. The cost of the goods sold is $700,000. Longmire estimates 3% of its sales to Alderman may be returned. On May 22, $16,000 worth of goods (with a cost of $12,800) are returned by Alderman. Longmire uses a periodic inventory system. Required: Prepare the related journal entries for Longmire & Sons