Brief Exercise 8-2 Record the following transactions on the books of Concord Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Concord Co. sold merchandise on account to Waegelein Inc. for $16,700, terms 4/10, n/30. (b) On July 8, Waegelein Inc.returned merchandise worth $4,300 to Concord Co (c) On July 11, Waegelein Inc. paid for the merchandise. Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work