Current Attempt in Progress Record the following transactions on the books of Wildhorse Co. (Omit...
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Accounting
Current Attempt in Progress Record the following transactions on the books of Wildhorse Co. (Omit cost of goods sok entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) (6) On July 1. Wildhorse Co. sold merchandise on account to Stacey Inc. for $23,800, terms 2/10,6/30. On July 8, Stacey In returned merchandise worth $2,000 to Wildhorse Co. On July 11. Stacey Inc: paid for the merchandise (c) Account Titles and Explanation Debit Credit Accounts Receivable 23,800 Sales Revenue 23,800 (b) Sales Returns and Allowances 2.900 Accounts Receivable 2.900 (c) Cash Sales Discounts Accounts Receivable
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