Record the following transactions on the books of Sandhill Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) a. On July 1, Sandhill Co. sold merchandise on account to Waegelein Inc. for $17,300, terms 2/10, n/30. b. On July 8, Waegelein Inc. returned merchandise with a sales price of $4,000 to Sandhill Co. c. On July 11, Waegelein Inc. paid the balance due. Account Titles and Explanation Debit Credit a. enter an account title Accounts Receivable enter a debit amount 17300 enter a credit amount enter an account title Sales Revenue enter a debit amount enter a credit amount 17300 b. enter an account title Sales Returns and Allowances enter a debit amount 4000 enter a credit amount enter an account title Accounts Receivable enter a debit amount enter a credit amount 4000 c. enter an account title Cash enter a debit amount enter a credit amount enter an account title Sales Discounts enter a debit amount enter a credit amount enter an account title Accounts Receivable enter a debit amount enter a credit amount

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