(a) On July 1, Oriole Co. sold merchandise on account to Stacey Inc. for $24,000, terms 2/10, n/30. (b) On July 8, Stacey Inc. returned merchandise worth $3,200 to Oriole Co. (c) On July 11, Stacey Inc. paid for the merchandise.

Record the following transactions on the books of Oriole Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) On July 1, Oriole Co. sold merchandise on account to Stacey Inc. for $24,000, terms 2/10, n/30 On July 8, Stacey Inc. returned merchandise worth $3,200 to Oriole Co. On July 11, Stacey Inc. paid for the merchandise. Account Titles and Explanation Debit (a) (b) (c)