! Required information (The following information applies to the questions displayed below.) Castillo Styling is a wholesaler of hair supplies. Castillo Styling uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:" a. Sold merchandise for cash (cost of merchandise $35,997). b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $420). c. Sold merchandise (costing $10,450) to a customer on account with terms n/60. d. Collected half of the balance owed by the customer in (c). $ 64,000 450 22,000 e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 11,000 f. Anticipate further returns of merchandise (costing $340) after year-end from sales made during the year. 200 460 3. Prepare journal entries to record transactions (a)-(4. (If no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) View transaction list Journal entry worksheet 1 2 3 4 6 9 00 10