Homework Required information [The following information applies to the questions displayed below.] Campus Stop, Inc, is a student co-op. Campus Stop uses a perpetual inventory system. The following transactions summarized) have been selected for analysis: a. Sold serchandise for cash (cost of merchandise $152,070) $275,000 b. Received merchandise returned by eustomers as unsatisfactory (but in perfeet condition) for eash refund (original cost of merchandise $800) e. Sold serchandise (costing $9,000) to a eustoner on account with terms n/30. d. collected hilf of the balance oved by the custoner in (e). 1,600 20,000 10,000 a partial allovance relating to eredit sales the customer in (e) had not yet o. dranted paid. 1,800 3. Ptepare journalentries to record transactions (t-te of no entry is required for a transaction/event, select "No Journal Entry Journal entry worksheet Record the cash sales of $275,000. Debit Credit MacBook Air FS F7 F8 5