Question
Record the following transactions on the books ofPina ColadaCo. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered.
Record the following transactions on the books ofPina ColadaCo. (Omit cost of goods sold entries.)(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(a)On July 1,Pina ColadaCo. sold merchandise on account to Waegelein Inc. for $17,400, terms4/10, n/30.(b)On July 8, Waegelein Inc. returned merchandise worth $5,100toPina ColadaCo.
(c)On July 11, Waegelein Inc. paid for the merchandise.
Account Titles and Explanation
Debit
Credit
(a)enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
(b)enter an account title
enter a debit amount
enter a credit amount
enter an account title
enter a debit amount
enter a credit amount
(c)enter an account title
enter a debit amount
enter a credit amount
enter an account title
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