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Organic Growth Company is testing a number of new agricultural seeds that it has recently harvested. To stimulate interest, it has decided to grant five

 Organic Growth Company is testing a number of new agricultural seeds that it has recently harvested. To stimulate interest, it has decided to grant five of its largest customers the unconditional right to return these products if not fully satisfied. The right of return extends for four months. Organic Growth sells these seeds on account for $1,500,000(cost $800,000) on April 2,2023. Prepare the journal entry for Organic Growth at April 2,2023, assuming Organic Growth estimates returns of 20% based on prior experience. Organic follows ASPE.  

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