Your answer is partially correct. Record the following transactions on the books of Metlock Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter 0 for the amounts. 1 (a) On July 1, Metlock Co. sold merchandise on account to Stacey Inc. for $23,800, terms 2/10,n/30. (b) On July 8, Stacey Inc. returned merchandise with a sales price of $4,100 to Metlock Co. (c) On July 11. Stacey Inc. pald the balance due. Date Account Titles and Explanation Debit Credit July 1 Accounts Receivable: 23800 Sales Revenue 23800 July 8 Sales Returns and Allowances 4100 23800 Accounts Recervable 4100 July 11 ; Canh Sales Discounts Nccounts Rectivable 19700 eTextbook and Media tist of Accounts Sove fore I ate