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Brief Exercise 8-2 Record the following transactions on the books of RAS Co. (Credit account tities are automatically indented when amount is entered. Do not

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Brief Exercise 8-2 Record the following transactions on the books of RAS Co. (Credit account tities are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, RAS Co. sold merchandise on account to Waegelein Inc. for $17,300, terms 2/10, n/30. (b) On July 8, Waegelein Inc. returned merchandise worth $4,000 to RAS Co (e) On July 11, Waegelein Inc. paid for the merchandise Account Titles and Explanation Debit Credit ) Accounts Recelvable 17300 Sales Revenue 17300 (b) Sales Returns and Allowan 4000 accounts 4000 (c) cash Sales Discounts Accounts Receivable Question Attempts: o of 1 used SAVE POR LATER SUBMIT ANSWER SUBMIT

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