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 $32,757). b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) $58,240 for cash refund (original cost of merchandise $330 ). c. Sold merchandise (costing $7,885 ) to a customer on account with terms n/60. d. Collected half of the balance owed by the customer in (c). e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. f. Anticipate further returns of merchandise (costing $250 ) after year-end from sales made during the year. Prepare journal entries to record transactions (a)(f). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)