On October 13, 2019, CDC Ltd sold Gosh Co products for $3,000 on credit and the products had cost CDC $1,200 The expected return rate is 12 On November 8, 2019, Gosh returned products worth $400 to CDC and the returned products had a cost of $160 and are still in saleable condition 26 What is the balance of Refund Liability as at October 13, 2019 a) b) c) d) e) $216 on debit $216 on credit $360 on debit $360 on credit None of the above 27 What is the balance of Estimated Inventory Returns as at November 8, 2019 abouo $16 on debit $16 on credit $256 on debit $256 on credit None of the above

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On October 13, 2019, CDC Ltd  sold Gosh Co  products for $3,000 on credit and the products had cost CDC $1,200  The expected return rate is 12   On November 8, 2019, Gosh returned products worth $400 to CDC and the returned products had a cost of $160 and are still in saleable condition  26  What is the balance of Refund Liability as at October 13, 2019  a) b) c) d) e) $216 on debit  $216 on credit  $360 on debit  $360 on credit  None of the above  27  What is the balance of Estimated Inventory Returns as at November 8, 2019  abouo $16 on debit  $16 on credit  $256 on debit  $256 on credit  None of the above

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On October 13, 2019, CDC Ltd. sold Gosh Co. products for $3,000 on credit and the products had cost CDC $1,200. The expected return rate

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