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Record the following transactions on the books of Metlock, Inc. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is
Record the following transactions on the books of Metlock, Inc. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Metlock, Inc. sold merchandise on account to Stacey Inc. for $23,500, terms 3/10, n/30. (b) On July 8, Stacey Inc. returned merchandise worth $2,500 to Metlock, Inc.. (c) On July 11, Stacey Inc. paid for the merchandise. ate Account Titles and Explanation Debit Credit (c) July 11
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