Record the following transactions on the books of Ivanhoe Co. (Credit account titles are automatically indented...

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Record the following transactions on the books of Ivanhoe Co. (Credit account titles are automatically indented when amount is entered Do not indent manually.) a. On July 1, Ivanhoe Co. sold merchandise on account to Waegelein Inc. for $18,200, terms 2/10, n/30. b. On July 8, Waegelein Inc. returned merchandise with a sales price of $3,600 to Ivanhoe Co. C. On July 11, Waegelein Inc. paid the balance due. Record the following transactions on the books of Ivanhoe Co. (Credit account titles are automatically indented when amount is entered Do not indent manually.) a. On July 1, Ivanhoe Co. sold merchandise on account to Waegelein Inc. for $18,200, terms 2/10, n/30. b. On July 8, Waegelein Inc. returned merchandise with a sales price of $3,600 to Ivanhoe Co. C. On July 11, Waegelein Inc. paid the balance due.