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Patty Corp., a public company, delivers 3 , 2 0 0 units to a customer on 1 April for $ 8 0 ? unit. Patty

Patty Corp., a public company, delivers 3,200 units to a customer on 1 April for $80? unit. Patty Corp. has a return policy where they
allow any customer to return any unused product within 45 days and receive a full refund. The cost of each product is $64. Based o
historical experience Patty estimates that customer will return 2% of the units sold. Patty expects to be able to resell any returned
goods.
Assume that 50 products are returned on 2 May. No additional units are returned by 15 May (the end of the return period).
Required:
Prepare the journal entries related to the sale of products. (If no entry is required for a transaction/event, select "No journal entry
required" in the first account field.)
?** Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.
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