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Prepare journal entries to record the following transactions entered into by the Castagno Company: (Credit account titles are automatically indented when the amount is entered.

Prepare journal entries to record the following transactions entered into by the Castagno Company: (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) 2017 Nov. 1 Sold merchandise on account to Mercer, Inc., for $18,000, terms 2/10, n/30. Nov. 5Mercer, Inc., returned merchandise worth $1,000. Nov. 9 ecved payment in full from Mercer, Inc. Date Account Titles and Explanation Debit Credit Nov. 1 Nov. 5 Nov. 9

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