Your answers are saved automatically Remaining Time: 1 hour, 06 minutes, 37 seconds. Question Completion Status: 7 11 12 13 14 15 16 17 21 Close Window Mo another question will save this response. Question 20 Question 20 of 21 2 points Save Answes During 2017, it is first of operations, ABC company recorded sales of $ 11,660,000 and experienced returns of $720,000, cost of goods sold totaled $4,664,000, the company estimates that 8% of all sales will be returned. Prepare year-end adjusting entries to account for anticipated sales returns. Attach File Browse Local Files Browse Content Collection