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Record the following transaction on the books of RAS Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) On

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Record the following transaction on the books of RAS Co. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) On July 1, RAS Co. sold merchandise on account to Waegelein Inc, for $18,300, terms 2/10, n/30. On July 8. Waegelein Inc. returned merchandise worth $4,800 to RAS Co. On July 1l.Waegelein Inc. paid for the merchandise

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