During 2021, its first year of operations, hollis industries recorded sales of $10,600,000 and experienced returns of $720,000. cost of goods sold totaled $6,360,000 (60% of sales). the company estimates that 8% of all sales will be returned. prepare the year-end adjusting journal entries to account for the anticipated sales returns under the assumption that all sales are made for cash (no accounts receivable are outstanding).

Someone who needs financial planning.

An  associate degree  is an undergraduate academic degree awarded by community colleges, junior colleges, technical colleges, bachelor's degree–granting colleges, and universities upon completion of a course of study usually lasting two years.a  bachelor's  degree  (also baccalaureate, from modern latin baccalaureatus) is usually earned for an undergraduate course of study that normally requires three to five years of study (depending on institution and field of study).

D. the value of an investment opportunity when it's compared with all the other investments you've made in the past mark