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Record the following transactions on the books of Cohen Co. (Omit...
Record the following transactions on the books of Cohen Co. (Omit cost of goods sold entries.)
| (a) | On July 1, Cohen Co. sold merchandise on account to Tracy Inc. for $23,000, terms 2/10, n/30. |
| (b) | On July 8, Tracy Inc. returned merchandise worth $2,400 to Cohen Co. |
| (c) | On July 11, Tracy Inc. paid for the merchandise. |
| No. | Date | Account Titles and Explanation | Debit | Credit |
| (a) | July 1July 11July 8 | |||
| (b) | July 8July 1July 11 | |||
| (c) | July 11 | |||
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