Question 1 Record the following transactions on the books of Vaughn Manufacturing (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Vaughn Manufacturing sold merchandise on account to Stacey Inc. for $22,600, terms 3/10, n/30. (b) On July 8, Stacey Inc. returned merchandise worth $2,500 to Vaughn Manufacturing. (c) On July 11, Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation Debit Credit (c) July 11 SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL