S-F:5-10 Estimating sales returns (Learning Objective 4) On December 31, John Photography Supplies estimated that $4,400 merchandise sold will be returned with a cost of $2,720. Journalize the adjusting entries needed to account for the estimated returns. S-F:5-11 Journalizing closing entries (Learning Objective 4) Rocky RV Center's accounting records include the following accounts at December 31, 2024. Cost of Goods Sold Accounts Payable Rent Expense Building Common Stock Retained Earnings Merchandise Inventory Estimated Returns Inventory Notes Receivable $372,000 Accumulated Depreciation Building $ 38,000 47,000 636,500 13,000 58,000 12,000 4,000 2,000 300 12,000 Cash 25,700 Sales Revenue 113,000 Depreciation Expense Building 115,000 Dividends 3,100 Interest Revenue 238,000 Refunds Payable 1,600 Sales Discounts Forfeited 34,000 Delivery Expense

S-F:5-10 Estimating sales returns (Learning Objective 4) On December 31, John Photography Supplies estimated that $4,400 merchandise sold will be returned with a cost of $2,720. Journalize the adjusting entries needed to account for the estimated returns. S-F:5-11 Journalizing closing entries (Learning Objective 4) Rocky RV Center's accounting records include the following accounts at December 31, 2024. metcharntise sold will be noturned with a cost of 52720 . foumaline the adpusting entries needed to accotant for the esfimatrd return. S-P.5-11 Jeurnalizing closing entries (1.narming Objective o) Rocky KV Center's aceounting records include the following acoouth at Decenter 31, 2024. Requirements 1. Joumalize the requined dosing entries for Rocky. 2. Determine the ending balance in the Retained Earnings acoount