Record the following transactions on the books of Concord Corporation (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)

(a)		On July 1, Concord Corporation sold merchandise on account to Stacey Inc. for $25,200, terms 2/10, n/30.
(b)		On July 8, Stacey Inc. returned merchandise worth $2,400 to Concord Corporation.
(c)		On July 11, Stacey Inc. paid for the merchandise.