Answer part d please

BACK NE Exercise 18-6 (Part Level Submisslon) Uddin Publishing Co. publishes college textbooks that are sold to bookstores on the following terms. Each title has a fixed wholesale price, terms f.o.b. shipping point, and payment is due 64 days after shipment. The retailer may return a maximum of 35% or an order at the retailer's expense. Sales are made only to retailers who have good credit ratings. Past experience indicates that the normal return rate is 10%, and the average collection period is 71 days. (c) Your answer is correct. In late July, Uddin shipped books invoiced at $12,100,000. Prepare the journal entry to record this event that best conforms to GAAP. (Credit account tities are automatically indented when amount is entered. Do not indent manually) ties and Ex Credit Accounts Receivable 1210000o 12100000 Sales Revenue (To recognize revenue) Sales Returns and Allowan 1210000 Anowance for Sales Ret 1210000 (To record expected returns)