system. Required Prepare the following entries, including the sales and cost of goods sold entry for each requirement. a. Prepare the current year sales journal entries. b. Record actual returns in the current year. Assume actual returns are on credit. c. Record estimated returns on December 31 of the current year. d. Record actual returns in January of the nextyear. Assume actual returns are on credit. e. Record adjusting entries at year end. system. Required Prepare the following entries, including the sales and cost of goods sold entry for each requirement. a. Prepare the current year sales journal entries. b. Record actual returns in the current year. Assume actual returns are on credit. c. Record estimated returns on December 31 of the current year. d. Record actual returns in January of the nextyear. Assume actual returns are on credit. e. Record adjusting entries at year end