On March 12, Klein Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10,n/30. The cost of the items sold is $4,500. Klein uses the perpetual inventory system and the gross method of accounting for sales. On March 15 , Babson returns some of the merchandise, which is not defective. The selling price of the returned merchandise is $600 and the cost of the merchandise returned is $350. The entry or entries that Klein must make on March 15 is (are): \begin{tabular}{|c|c|c|} \hline Account Title & Debit & Credit \\ \hline Sales Returns and Allowances & 350 & \\ \hline Accounts Receivable & & 350 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Title & Debit & Credit \\ \hline Sales Returns and Allowances & 600 & \\ \hline Accounts Receivable & & 600 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Title & Debit & Credit \\ \hline Accounts Receivable & 600 & \\ \hline Sales Returns and Allowances & & 600 \\ \hline Cost of Goods Sold & 350 & \\ \hline Merchandise Inventory & & 350 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Title & Debit & Credit \\ \hline Accounts Receivable & 600 & \\ \hline Sales Returns and Allowances & & 600 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|} \hline Account Title & Debit & Credit \\ \hline Sales Returns and Allowances & 600 & \\ \hline Accounts Receivable & & 600 \\ \hline Merchandise Inventory & 350 & \\ \hline Cost of Goods Sold & & 350 \\ \hline \end{tabular}