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

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Record the following transactions on the books of Sunland Co. (Credit account titles are automatically indented when amount is entered Do not indent manually) a. On July 1, Sunland Co. sold merchandise on account to Waegelein Inc. for $18,000, terms 2/10, n/30 b On July 8, Waegelein Inc. returned merchandise with a sales price of $4,400 to Sunland Co C On July 11, Waegelein Inc. paid the balance due. Account Titles and Explanation Debit Credit

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