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Record the following transactions on the books of Pharoah Co. (Omit cost of goods sold entries.) (List all debit entries before credit entries. Credit account
Record the following transactions on the books of Pharoah Co. (Omit cost of goods sold entries.) (List all debit entries before credit entries. Credit account titles are automatically 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 account titles and enter O for the amounts.) (a) (b) (c) On July 1, Pharoah Co. sold merchandise on account to Stacey Inc. for $22,160, terms 4/10, n/30. On July 8, Stacey Inc. returned merchandise worth $2,360 to Pharoah Co. On July 11, Stacey Inc. paid for the merchandise.
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