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Record the following transactions on the books of Sandhill Co. (Omit cost of goods sold entries.) (List all debit entries before credit order presented in
Record the following transactions on the books of Sandhill Co. (Omit cost of goods sold entries.) (List all debit entries before credit order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) On July 1, Sandhill Co. 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 Sandhill Co. (c) On July 11, Stacey Inc. paid for the merchandise
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