Question 2 View Policies Current Attempt in Progress On January 6, Bonita Industries sells merchandise on account to Harley Inc. for $11,000, terms 3/10, n/30. On January 16, Harley pays the amount due. Prepare the entries on Bonita Industries's books to record the sale and related collection. (Omit cost of goods sold entries.) (Credit account titles are autom Date Account Titles and Explanation Debit Credit Jan. 16 Record the following transactions on the books of Tamarisk, Inc. (Omit cost of goods sold entries.) (Credit account titles are automatically ind (a) On July 1, Tamarisk, Inc. sold merchandise on account to Stacey Inc. for $22,000, terms 3/10,n/30. (b) On July 8, Stacey Inc. returned merchandise worth $2,200 to Tamarisk, Inc.. (c) On July 11, Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation Debit Credit (a) July 1 Accounts Receivable 25000 Sales Revenue 25000 (b) July 8 Sales Returns and Allowances 2500 Accounts Receivable 2500 (c) July 11 Cash 21825 Sales Discounts 675 Accounts Receivable 22500