Vendor Y enters into a contract on December 1 with a customer to provide 100 widgets on credit, for total consideration of $1,000. The terms of the contract allow for returns for any reason for up to 60 days. Vendor Y has significant historical experience with customers of this type and expects an average of 3 percent of all widgets to be returned. The CGS of the widgets is $5 per unit. Provide vendor Y's journal entries for the following four transactions. Dec 1, day of the sale. Dec 31, the customer returns one of the widgets for cash: Jan 31, the customer has made no further returns and the return period has ended. Feb 1, the customer paid the amount due. Date Dec 01 Dec 31 Jan 31 Feb 11 Transaction Dr. Cr