1. 2. 3. (a) On December 3, Wildhorse Company sold $593,600 of merchandise to Novak Co, terms 4/10, n/30, FOB destination. Wildhorse paid $610 for freight charges. The cost of the merchandise sold was $383,200. On December 8, Novak Co. was granted an allowance of $29,300 for merchandise purchased on December 3. On December 13, Wildhorse Company received the balance due from Novak Co. Prepare the journal entries to record these transactions on the books of Wildhorse Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts) No. 1. Date Account Titles and Explanation Debit Credit