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CUTER ALAStipit Progress Record the following transactions on the books of Blue Spruce Co. (Omit cost of goods sold entries) (Credit account titles are
CUTER ALAStipit Progress Record the following transactions on the books of Blue Spruce 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, Blue Spruce Co sold merchandise on account to Stacey Inc. for $23.300, terms 2/10/30 (b) On July 8, Stacey Inc. returned merchandise worth $2.800 to Blue Spruce Co. (c) On July 11, Stacey Inc. paid for the merchandise. Account Titles and Explanation Debit Credit (a) Accounts Receivable 21.300 (b) (c) Sales Sales Returns and Allowances Accounts Receivable Cash Sales Discounts Accounts Receivable 2.000 21.300 2,000
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