Use a tabular summary to record the following transactions for Sunland Company (Omit cost of goods sold entries.)

(a)		On July 1, Sunland Company sold merchandise on account to Stacey Inc. for $23,900.
(b)		On July 8, Stacey Inc. returned merchandise worth $2,500 to Sunland Company.
(c)		On July 11, Stacey Inc. paid for the merchandise.

Use a tabular summary to record the following transactions for Sunland Company (Omit cost of goods sold entries.) (a) (b) (c) On July 1, Sunland Company sold merchandise on account to Stacey Inc. for $23,900. On July 8, Stacey Inc. returned merchandise worth $2,500 to Sunland Company. On July 11, Stacey Inc. paid for the merchandise. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Assets Liabilities Cash + Accts. Rec. Common Stock (a) July 1 $ $ (b) 8 (c) 11 Use a tabular summary to record the following transactions for Sunland Company (Omit cost of goods sold entries.) (a) (b) (c) On July 1, Sunland Company sold merchandise on account to Stacey Inc. for $23,900. On July 8, Stacey Inc. returned merchandise worth $2,500 to Sunland Company. On July 11, Stacey Inc. paid for the merchandise. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Stockholders' Equity Retained Earnings Exp. Common Stock Rev. $ $