On March 12. Klein Company sokl merchandise in the amount of $ 800 to Babson Company with dedit terms of the cost of the coat is 36.000 Klenuses the perpetua inventory system and the nel method of accounting for sales on March 15. Babson returres some of the merchandise which is not defective. The seling price of the returned merchandises $900 and the cost of the merchandise reed is $500 The entry or entries that must make on March 15 is one 873) 873 Sales returns and allowances Accounts receivable Merchandise inventory Cost of goods sold 500 5eel 900 900 Accounts receivable Sales returns and allowances Cost of goods sold Merchandise inventory 500 500l 873 Sales returns and allowances Accounts receivable Merchandise inventory Cost of goods sold 873 485 485 Accounts receivable Sales returns and allowances 900 900 Sales returns and allowances Accounts receivable 500 See