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(a)On July 1, Swifty Corporation sold merchandise on account to Stacey Inc. for $22,800, terms3/10, n/30.(b)On July 8, Stacey Inc. returned merchandise worth $2,600to Swifty

(a)On July 1, Swifty Corporation sold merchandise on account to Stacey Inc. for $22,800, terms3/10, n/30.(b)On July 8, Stacey Inc. returned merchandise worth $2,600to Swifty Corporation.(c)On July 11, Stacey Inc. paid for the merchandise.

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