Hair Care Inc. is a wholesaler of hair supplies. Hair Care uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis:
1. Compute Sales Revenue, Net Sales, and Gross Profit for Hair World.
2. Compute the gross profit percentage.
3. Prepare journal entries to record transactions (a)–(e). (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
