Campus Stop, Inc. is a student co-op. Campus Stop uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis: $270,600 a. Sold merchandise for cash (cost of merchandise $150,030). b. Received merchandise returned by customers an unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $770). e. Bold merchandise (conting $0,100) to a customer on account with terma n/30. d. Collected half of the balance owed by the customer in (e). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 1,720 10,000 9.000 1,760 View transaction list Journal entry worksheet Record the cost of goods sold of $150,030. Note: Enter debits before credits. General Journal Debit Credit Transaction a(2) Record entry Clear entry View general Journal View transaction list Journal entry worksheet N 3 3 4 5 6 7 8 > Record the return by a customer of unsatisfactory merchandise that was in perfect condition. A cash refund of $1,720 was given to the customer. Note: Enter debits before credits. Transaction General Journal Debit Credit (1) Record entry Clear entry View general Journal 3. Prepare journal entries to record transactions (a)-(e). (If no entry is required for a transaction/ Required" in the first account field.) View transaction list Journal entry worksheet Record the sales on account of $18,000 on terms n/30. Note: Enter debits before credits General Journal Debit Credit Transaction c(1) Record entry Clear entry View general journal 3. Prepare journal entries to record transactions (a)-e). (If no entry is required for a transaction/event, select "No Ja Required" in the first account field.) View transaction list Journal entry worksheet