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part b please help Sales-Related Transactions After the amount due on a sale of $28,000, terms 2/10, n/eom, is received from a customer within the

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part b please help

Sales-Related Transactions After the amount due on a sale of $28,000, terms 2/10, n/eom, is received from a customer within the discount period, the seller com to the return of the entire shipment for a cash refund. The cost of the merchandise returned is $16,800. a. What is the amount of the refund owed to the customer? 27,440 Feedback Check My Work (a) The amount of the refund will be the merchandise returned less the discount. b. Journalize the entries made by the seller to record the return and the refund. If an amount box does not require an entry, leave it blank. (a) Sales 28,000 X Sales X 28,000 X (b) Cash 16,800 X Cost of Merchandise Sold X 16,800 x

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