On March $10,2025.$ Sunland Compamy sold to Bramble Hardware $220$ tool sets at a price of $$53$ each $($cout $$32$ per set$)$ wath terns of NV$0,$ iab. shipping point. Sunland allows Bramble to return any unused tool sets within $60$ deps of purchase Sunland estimates that $(1)10$ sets will be relumed, $(2)$ the cont of recovering the prodocts wit be immoteriat, and trs the returned tools sets can be resold ata profiL On March $25,2025.$ Bramble returned $5$ tool sets and recelved a credit to its account. Assume that inslead of selling the tool sets on credin, that Sunlund solid them for cash.

$($a$)$

Vour answer is partilly correct.

Presare journal entries for Sunlund to record $(1)$ the sule on March $10\mathrm{.}2025,(2)$ the retum on March $25.|$pass$,$ and c$3$is$)$ an mpusing entries required on March $31,2025($whes Sualand grepures finuncial statementsl. Sunland believes the orleinal

$\backslash$table$[[$No$.,$Date$],[(1),]]$

Acreunt Tilles and Irplanatios

Debilt

$(3)$ Cant $$

Sule Rivene $$

$$

$($Ts record cash nules$)$

$$ Cur Hon $44$

$7045$

$($To record cost of goeds sold$)$

$(2)$

$$

$$

$$

$$

$$

$($To recond sales return$)$

Cont at Cooch Sold

$7045$

$($T$9$ recond copt of gopdr told$)$

$(2)$ Sies Relurisumth mokes $$

$$

$($To necand sales seturn$)$

$$

$($Te record cest of gosts netumeed$)$

$(3)$

$1$

$$

$$

$$

$$

$$

$$

$$

$$

$($Af$)$wing entry for coit of goode neld$)$