Questions to discuss: Question 3 a) Explain the step-by-step procedures you used to find the answer and what you learned by completing the question.(How to Solve each question) b) Incorporate in-text citations from our Textbook and discuss the significance of the learning topic (what does the concept mean to you and why is it important?). Question 3 View Policies Show Attempt History Your answer is correct. Record the following transactions on the books of Tamarisk, Inc. (Omit cost of goods sold entries. (Credit account titles are automatically in (a) On July 1. Tamarisk. Inc. sold merchandise on account to Stacey Inc. for $22.000, terms 3/10,n/30. (b) On July 8. Stacey Inc. returned merchandise worth $2.200 to Tamarisk, Inc.. (c) On July 11. Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation Debit Credit (a) July 1 Accounts Receivable 22000 Sales Revenue 22000 (b) July 8 Sales Returns and Allowances 2200 Accounts Receivable c) July 11 Cash 19206 Sales Discounts 594 Accounts Receivable 19800