Wexim Toys sold merchandise to a customer on credit, terms 2/10, n/30 for $11,100. Three days later, the customer returned $2,000 of the merchandise. When recording the return transaction, Wexim Toys would record:

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows: