Required Information [The following information applies to the questions displayed below.] Chander Bookstore, is a student co-op. Chander Bookstore uses a perpetual Inventory system. The following transactions (summarized) have been selected for analysis: 4. Sold merchandise for cash (cost of merchandise $170,270). $ 310,75 D. Received merchandise returned by customers as unsatistactory (but in perfect condition) for cash refund (original cost of merchandise $652). 1,718 c. Sold merchandise (costing $10,170) to a customer on account with terms n/30. 22,600 d. Collected half of the balance owed by the customer in (c). 11,388 e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. 1,360 f. Anticipate further returns of merchandise (costing $226) after month-end from sales made during the month. 830 3. Prepare joumal entries to record transactions (a) to 11. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction et Journal entry worksheet Sold merchandise for $310,750 cash. Record the entry. Note: Enter debits before credits General Journal Debit Credit Transaction a(1) Record entry Clear entry View general Journal