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Widgets4u Company sold widgots to a customer for $60,000. The cuotomot paid cash in ful. The inventory that was sold cost Widgots4U $56,000. Widgets4U oripinaly

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Widgets4u Company sold widgots to a customer for $60,000. The cuotomot paid cash in ful. The inventory that was sold cost Widgots4U \$56,000. Widgets4U oripinaly paid 51,000 up front for the ementory, with the remainder on accouth. Widgeistu estrmates that 2% of saies will returned. Customers actialy retumed invensory that Wisgots4U sald for 5600

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