Required information [The following information applies to the questions displayed below.] Foster Supplies is a wholesaler of hair supplies. Foster Supplies uses a perpetual inventory system. The following transactions (summarized)-have been selected for analysis: a. Sold merchandise for eash (cost of merchandise $34,917 ). b. Received merchandise returned by custoners as unatisfactory (but in perfect condition) for cash refund (original cost of nerchandise $390 ). c. Sold merchandise (costing $9,595 ) to a customer on account with terms n/60. 420 d. Collected half of the balance owed by the customer in (c). o. Granted a partial allowance relating to oredit sales the customer in (c) had not yet paid. f. Anticipate further returns of nerchandise (costing $310 ) after year-end from sales made 10,100 during the year. 194 430 Prepare journal entries to record transactions (a)-(1). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet 4567 Sold merchandise for $62,080 cash. Record the entry. Note: Enter debits before credits