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QUESTION
Record the following transactions on the books of Splish Brothers Inc. (Omit cost of goods sold entries.) (Credit account amount is entered. Do not...
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(a)On July 1, Splish Brothers Inc. sold merchandise on account to Stacey Inc. for $21,900, terms 3/10, n/30.(b)On July 8, Stacey Inc. returned merchandise worth $2,300 to Splish Brothers Inc..(c)On July 11, Stacey Inc. paid for the merchandise.
Record the following transactions on the books of Splish Brothers Inc. (Omit cost of goods sold entries.) (Credit accountamount is entered. Do not indent manually.) (a) On July 1, Splish Brothers Inc. sold merchandise on account to Stacey Inc. for $21,900, terms 3/10, n/30.(b) On July 8, Stacey Inc. returned merchandise worth $2,300 to Splish Brothers Inc..(c) On July 11, Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation Debit (MESS::E:(MESS:SS:(M11 :E::E::E: i" '.