Under the contract, BBC Corporation delivers 500 units to Customer A for $200 each on March 1. BBC's documented policy is to allow a customer to return any unused product within 30 days and receive a full refund. The cost of each product is $150. Based on historical experience, BBC estimates that 2% of the units will be returned. BBC expects that the returned products can be resold. On March 15th, the customer returned 8 units to BBC. No other returns were received during the month.

BBC follows IFRS and uses a perpetual inventory system.

Required Record all of BBC's journal entries for the month of March in good form