Oriole Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales returns extends 60 days. On February 10, 2021, a customer purchases $3100 of products (cost $1550). Assuming that based on prior experience, estimated returns are 30%. The journal entry to record the expected sales return and cost of goods sold includes a

debit to Sales Returns and Allowance of $930 and a credit to Allowance for Sales Returns and Allowances of $465.

debit to Cash and a credit to Sales Revenue of $3100.

credit to Estimated Inventory Returns of $465.

debit to Cost of Goods Sold and credit to Inventory for $1550.