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Widgets4U Company solld widgets to a customer for $30,000. The customer paid $12,000 up front with the remainder on account. The inventory that was sold

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Widgets4U Company solld widgets to a customer for $30,000. The customer paid $12,000 up front with the remainder on account. The inventory that was sold coet Widgetstu 53.000. Widgets4U originally paid $750 up front for the invertory, with the remainder on account. Widgets4U estimates that 4% of sales will returned Write the joumal entries necessay for Widgetstu to ascount for the sale to their customer (2 enties)

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