Organic gardens sells organic vegetable, fruit, and flower seeds and seedlings as well as organic bug and weed killers. they give customers a 90-day unconditional right of return if they are not satisfied with any of the products. on april 6, 2017, a customer purchased $1,500 of products (cost $750). based on prior experience, organic gardens expects returns of 20%. which of the following would be included in the journal entries to record the sale and cost of goods sold?
a : debit to cash and a credit to sales revenue of $1,500.
b : credit to cost of goods sold and debit to inventory for $750.
c : credit to refund liability of $300 and a credit to sales revenue of $1,200.
d : credit to estimated inventory returns of $150.
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