How would you record journal entries for the following:
1. sold shoes on account to judy for $6,000. Cost of the shoes sold is $4,400
2. paid salaries to employees for the first month, $2000
3. sold shoes to a chemical factory for $66,000 cash. Cost of the shoes sold is $38,500.
4. some shoes were returned by the chemical factory. The selling price and cost of the returned shoes is $6000 and $3500 respectively

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