Netherland Corporation Has the Following Unadjusted Balances: Accounts Receivable,$80,000 (Debit),and

Netherland Corporation has the following unadjusted balances: Accounts Receivable,$80,000 (debit) ,and Allowance for Sales Discounts $300 (credit) .Of the receivables,$50,000 of them are within the 2% discount period,and Netherland expects buyers to take $1,000 in future-period discounts ($50,000 × 2%) arising from this period's sales.The adjusting entry to estimate sales discounts is (are) :

A) $$\begin{array} { | l | r | l | } \hline \text { Accounts Receivable } & 80,000 & \\\hline \text { Sales } & & 80,00 \mathrm { C } \\\hline\end{array}$$
B) $$\begin{array} { | l | r | r | } \hline \text { Sales Discounts } & 50,000 & \\\hline \text { Sales } & & 50,000 \\\hline \text { Cost of Goods Sold } & 1,000 & \\\hline \text { Inventory Returns Estimated } & & 1,000 \\\hline\end{array}$$
C) $$\begin{array} { | l | r | r | } \hline \text { Sales Discounts } & 700 & \\\hline \text { Allowance for Sales Discounts } & & 700 \\\hline\end{array}$$
D) $$\begin{array} { | l | r | r | } \hline \text { Sales Discounts } & 1,000 & \\\hline \text { Accounts receivable } & & 1,000 \\\hline\end{array}$$
E) $$\begin{array} { | l | r | l | } \hline \text { Sales Discounts } & 1,000 & \\\hline \text { Allowance for Sales Discounts } & & 1,000 \\\hline\end{array}$$