E18-16 E18-35 P18-9 P18-11 EIBESLOTS WEB Referee On March 10.2000 Steel Company to Roland with the Steele aliones Has retumanyte ete with days of the Sisteme de recovering the past and the matches can be apelit Os March 2 2000. Har tuned on and received and its contention concerning these *** Number of two Selling price of a set Contracht Number of the sole red Nanbefales returned by a Paris Prepare ruraletes for Steele trecedy the ee March 2008 (2March 25 3000 mydog mere Starch 20. Se prepares See lives the original state of returns.com ) Ma 10 chil (2) M25 LA 333 M Inicne hennes and holance sheet sporting by Side Mudh 1.2700, of them related to the rest In State For the Quanded Made 3.20 Balance Sheetal Al Mar 31, E18-16 E18-35 P18-9 P18-11 E18-10XL032 Sex With Returns On March 10, 2020, Sick Company sold sool sets to Bar Hardware with terms of no, fob stipping point Steele allow Barr to return any used to sets within 60 days of purchase Steele estimate the cost of recovering the products will be immaterial, and the returned tools sets can be resold at a poodit. On March 25 2020. Barr retumad some tools and received a credit to its account. Information concerning the sale and retum follow Number of toolsets Selling price of each tools Cost of each tools Number of sets estimated to be returned Number of foolsets returned by Bart 200 50 30 10 6 Instruct () Prepare journal entries for Steele to record (t) the sale on March 10, 2030. (2) the return on March 25. 2020, and (c) any adjusting entries required on March 31, 2020 (when Steele prepares financial statements Steele believes the original estimate of returns is correct Debit Credit Mar 10 Debu Credit Mar 25 FUTETUT EDITION Debit Credit Mar 31 b) Indicate the income statement and balance sheet reporting by Stele a March 31, 2020, of the information related to the Barr sales transaction Income Statement (partial) For the Quarter Ended March 31, 2020 Balance Sheet (partial) At March 31, 2020