Record the following transactions on the books of Kingbird Co. (Omit cost of goods sold entries.) (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(a) On July 1, Kingbird Co. sold merchandise on account to Stacey Inc. for $24.100, terms 2/10. n/30.
(b) On July 8. Stacey Inc returned merchandise worth $4,200 to Kingbird Co.
(c) On July 11. Stacey Inc. paid for the merchandise
