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please answer ASAPPPP Ivory Co sells natural supplements to customers with an unconditional sales retum if they are not satisfied. The sales returns extend 90

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Ivory Co sells natural supplements to customers with an unconditional sales retum if they are not satisfied. The sales returns extend 90 days. On December 10, 2020, a customer purchases $10,000 of products (cost $5,000). Assuming that based on prior experience, estimated returns are 20%. The adjusting journal entries to record the expected sales return an cost of goods sold include a credit to Sales Revenue of $10,000, o credit to Cost of Goods sold of $1,000 o credit to Estimated Inventory Returns of $1,000 credit to Sales Returns and Allowance of $2,000

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