Question: Record the following transactions on the books of RAS Co

Record the following transactions on the books of RAS Co.
(a) On July 1, RAS Co. sold merchandise on account to Waegelein Inc. for $17,200, terms 2/10, n/30.
(b) On July 8, Waegelein Inc. returned merchandise worth $3,800 to RAS Co.
(c) On July 11, Waegelein Inc. paid for the merchandise.


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  • CreatedMarch 02, 2015
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