Record the following transactions on the books of Crane Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

(a)		On July 1, Crane Co. sold merchandise on account to Stacey Inc. for $21,860, terms 3/10, n/30.
(b)		On July 8, Stacey Inc. returned merchandise worth $2,360 to Crane Co.
(c)		On July 11, Stacey Inc. paid for the merchandise.