ords Englis Current Attempt in Progress Record the following transactions on the books of Marigold Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) (b) (c) (a) (b) On July 1, Marigold Co. sold merchandise on account to Stacey Inc. for $23,000, terms 4/10, n/30. On July 8, Stacey Inc. returned merchandise worth $3,700 to Marigold Co. On July 11, Stacey Inc. paid for the merchandise. Account Titles and Explanation Accounts Receivable Sales Revenue Sales Returns and Allowances Accounts Receivable Debit 23,000 3,700 Credit 23,000 3,700 SUPPORT

Record the following transactions an the books of Marigold Co, (Omit cost of goods sold entries) (Credit account bitles are dutomotically indented when amount is entered. Do not indent manually? (b) On July 8, Stacey Inc returned merchandise worth $3,700 to Marigold Ca. (c) On July 11, Stacey inc, paid for the merchandise