Question: help! Customer Refunds and Allowances Assume the following data for Lusk Inc. before its year-end adjustments: Sales for the year Estimated percent of refunds for

help!
help! Customer Refunds and Allowances Assume the following data for Lusk Inc.

Customer Refunds and Allowances Assume the following data for Lusk Inc. before its year-end adjustments: Sales for the year Estimated percent of refunds for the year $3,600,0000.8% Journalize the adjusting entry for customer refunds and allowances. If an amount box does not require an entry, leave it blank

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