Proactoring Enable Proctoning Enabled Chapter 50 14 frist year of business. Border Corporation had sales of $2.100.000 and cost of goods sold of $1.290,000. Borden expects returns in the following yer to equal of sales and 7 of cost of goods sold. The adjusting entry or entries to record the expected sales returns is (are): Me Choice Credit Account Title sales Refund Tayable Accents Recalable Debit 152.600 152,600 Account Title Sales Sala fund Payable Accounts Receivable Debit Credit 210,000 152.600 2.022.400 Account Title Bales returns and allowances Sales cost of Goods Sold Taveatery Returns Eatinated Debit 152,600 Credit 152,600 90.300 90,300 Proctoring Enabled: Proctoring Enabled: Chapter 5 Quiz Dobit Credit 2,180,000 152, 600 12,027,400 Account Title Sales Sales Refund Payable Accounts Receivable 14 00:58:55 Credit Debit 152,600 152,600 Account Title Sales returns and allowances Sales Cost of Goods Sold Inventory Returns Estimated 90,300 90, 300 Credit Debit 152,600 Account Title Sales Returns and Allowances Sales Refund Payable Inventory Returns Estimated Cost of goods sold 152,600 90, 300 90,300 Account Title Accounts Receivable Sales Debit 2,180,000 Credit 12,180,000 15 A my chased $10.700 of merchandise on June 15 with terms of 2/10, 1/45, and FOB shipping point. On June 20, it returned $1,360 of that merchandise. The song charges for the purchase totaled $850. On June 24, it paid the balance owed for the merchandise taking any discount it is wwwd to. The case paid on June 24 equale MO $120 58.939 10003 S850 Shun