3. Cash and credit sales, with returned merchandise. (a) Merchandise is sold for $370 cash. (b) $30 of merchandise sold for $370 is returned for refund. (c) Merchandise is sold on account for $290. (d) $30 of merchandise sold for $290 is returned for a credit. (e) Payment is received for balance owed on merchandise sold on account.

3. Cash and credit sales, with returned merchandise. (a) Merchandise is sold for $370 cash. (b) $30 of merchandise sold for $370 is returned for refund. (c) Merchandise is sold on account for $290. (d) $30 of merchandise sold for $290 is returned for a credit. (e) Payment is received for balance owed on merchandise sold on acco Cash and credit sales, with returned merchandise. (a) Merchandise is sold for $370 cash. (b) $30 of merchandise sold for $370 is returned for refund. (c) Merchandise is sold on account for $290. (d) $30 of merchandise sold for $290 is returned for a credit. (e) Payment is recelved for balance owed on merchandise sold on account