ent CALCULATOR Brief Exercise 8-2 Record the following transactions on the books of RAS Co. (Omit cost of goods sold entries.) (Credit account titles ar entered. Do not indent manually.) (a) On July 1, RAS Co. sold merchandise on account to Waegelein Inc. for $17,200, terms 2/10, n/30. On July 8, Waegelein Inc. returned merchandise worth $3,800 to RAS CO. (c) On July 11, Waegelein Inc. paid for the merchandise. (b) Debit Credit Account Titles and Explanation (a) (b) (c)