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Sandhill Publichers sells tectbooks to universities across Canada. On July 10,2024 , Sandhil entered into a contract with Hinton University to supply 400 accounting textbeoks at a price of 5120 per book to be paid en September 25 , 2024. The bookecest Sand hill 3P0 each. Sandhill s seturn policy states that any unsold bookscan be returned within 90 days of delivery The books weredelivered on August 25, 2024 Sandhill etimates returns at 10 iof of sales. Hinton returns 16 books on September 75,2024 , and 32 bookson September 30,2024 Determine the transaction price Transaction price $ On what date should revenue be recognized? Revenueshould berecognizedion Prepare all journal entries required by Sandhill to record the transactions with Hinton University. (Credit occount titles are outomutically indented when the owwourt is entered. Do not indent mexuatly. Recordjounne entries in the order presented in the problem. If no entry is requled, select "No Entry" for the occount titles onderter O for the anwounts. List all debit ertries before credit enthies.) Date Arrount Tities brebist Cr (To recoed sales on account. (To record cost of goods iold) (To record credit for goods returned) (To record cost of goods returned.) (To record cash refund for goods retumed) (To record cost of goods returned.) Sandhill Publichers sells tectbooks to universities across Canada. On July 10,2024 , Sandhil entered into a contract with Hinton University to supply 400 accounting textbeoks at a price of 5120 per book to be paid en September 25 , 2024. The bookecest Sand hill 3P0 each. Sandhill s seturn policy states that any unsold bookscan be returned within 90 days of delivery The books weredelivered on August 25, 2024 Sandhill etimates returns at 10 iof of sales. Hinton returns 16 books on September 75,2024 , and 32 bookson September 30,2024 Determine the transaction price Transaction price $ On what date should revenue be recognized? Revenueshould berecognizedion Prepare all journal entries required by Sandhill to record the transactions with Hinton University. (Credit occount titles are outomutically indented when the owwourt is entered. Do not indent mexuatly. Recordjounne entries in the order presented in the problem. If no entry is requled, select "No Entry" for the occount titles onderter O for the anwounts. List all debit ertries before credit enthies.) Date Arrount Tities brebist Cr (To recoed sales on account. (To record cost of goods iold) (To record credit for goods returned) (To record cost of goods returned.) (To record cash refund for goods retumed) (To record cost of goods returned.)