In the current year, borden corporation had sales of $2,190,000 and cost of goods sold of $1,295,000. borden expects returns in the following year to equal 6% of sales. the unadjusted balance in inventory returns estimated is a debit of $25,000, and the unadjusted balance in sales refund payable is a credit of $29,000. the adjusting entry or entries to record the expected sales returns is (are):

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.