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Record the following transactions on the books of Crane Co. (Omit cost of goods sold entries) (List all debit entries before credit entries. Credit occount

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Record the following transactions on the books of Crane Co. (Omit cost of goods sold entries) (List all debit entries before credit entries. Credit occount titles are outomotically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the occount titles and enter Ofor the amounts) (a) On July 1, Crane Co, sold merchandise on account to Stacey Inc. for $23,860, terms 3/10,n/30. (b) On July 8, Stacey Inc: returned merchandise worth $3,860 to Crane Co. (c) On July 11. Stacey Inc paid for the merchandise

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