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Business, 16.10.2020 15:01 edjiejwi

In its first year of business, Borden Corporation had sales of $2,020,000 and cost of goods sold of $1,210,000. Borden expects returns in the following year to equal 6% of sales. The adjusting entry or entries to record the expected sales returns is (are):

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In its first year of business, Borden Corporation had sales of $2,020,000 and cost of goods sold of...

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