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Record the following transactions on the books of Swifty Corporation (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount
Record the following transactions on the books of Swifty Corporation (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.) (a) On July 1, Swifty Corporation sold merchandise on account to Stacey Inc. for $22,800, terms 3/10, n/30. (b) On July 8, Stacey Inc. returned merchandise worth $2,600 to Swifty Corporation. (c) On July 11. Stacey Inc. paid for the merchandise. No. Date Account Titles and Explanation (a) (b) Debit Credit (c) July 11
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