After you log-in to your mymathlab account and open Proctore…

After you log-in to your mymathlab account and open Proctored Final Exam, you will be prompted with a password. Please enter the password below. Password is  2021USFSP?Ff#   Note that do not click the submit button below until you are done answering Proctored Exam in mymathlab. So go back here after you have completed the exam and Submit Quiz below. click link -> www.mymathlab.com  

On December 2, 2025, Business LLP sold 400 textbooks to Acco…

On December 2, 2025, Business LLP sold 400 textbooks to Accounting University.  The textbooks sold for $100 each and cost Business LLP $60 to manufacture.  Business LLP gives customers 60-days to return textbooks.  Based on historical experience Business LLP estimates that 20% of textbooks will be returned.  No textbooks were returned during December.  What adjusting journal entry(ies) should Business LLP record on December 31, 2025?