Sales-Related Transactions

After the amount due on a sale of $23,900, terms 2/10, n/eom, is received from a customer within the discount period, the seller consents to the return of the entire shipment for a cash refund. The cost of the merchandise returned is $14,340.

a. What is the amount of the refund owed to the customer? $

b. Journalize the entries made by the seller to record the return and the refund.

(a)
(b)