Question Completion Status: Prepare the entry AutoZone would make to record the credit for returned goods that had a $300 selling price. Assume the returned goods were defective and had a scrap value of $50, AutoZone would make the following entries: OA Sales Returns and Allowances 300 Accounts Receivable 300 OB 300 Receivable 300 Sales Returns and Allowances Inventory 50 Cost of Goods Sold 50 300 Sales Returns and Allowances 300 Accounts Receivable Inventory 50 Cost of Goods Sold 50 11 Goods Sold 50 OC Sales Returns and Allowances 300 Accounts Receivable Inventory 50 Cost of Goods Sold 50 300 OD 300 Accounts Receivable 300 Sales Returns and Allowances Inventory 250 Cost of Goods Sold 250