Record the following transactions on the books of RAS Co$.($Credit account titles are automatlcally indented when amount is entered. Do not indent manually.$)$

a$.$ On July $1,$ RAS Co$.$ sold merchandise on account to Waegelein Inc. for $$17,200,$ terms $\frac{2}{10},\frac{n}{30}.$

b$.$ On July $8,$ Waegelein Inc. returned merchandise with a sales price of $$3,800$ to RAS Co$.$

c$.$ On July $11,$ Waegelein Inc. paid the balance due.

Account TItles and Explanation

Deblt

Credit

a$.$

Accounts Receivable

Sales Revenue

b$.$

Sales Returns and Allowances

Accounts Receivable

c$.$

Cash

Sales Discounts