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Record the following transactions on the books of Larkspur, Inc. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a)

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Record the following transactions on the books of Larkspur, Inc. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) (b) (c) On July 1, Larkspur, Inc. sold merchandise on account to Waegelein Inc. for $17,400, terms 4/10, n/30. On July 8, Waegelein Inc. returned merchandise worth $4,400 to Larkspur, Inc.. On July 11, Waegelein Inc. paid for the merchandise. Account Titles and Explanation Debit Credit (a) (b) (c)

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