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1. On April S, purchased merchandise from Sandhill Company for $35,000 on accouint. 2. On April 7, purchased equipment on account for $36,600. 3. On

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1. On April S, purchased merchandise from Sandhill Company for $35,000 on accouint. 2. On April 7, purchased equipment on account for $36,600. 3. On April 8, returned $4,900 of April 5 merchandise to Sandhill Company. 4. On April 15, paid the amount due to Sandhill Company in full. Prepare a tabular summary to record the transactions listed above for Wildhorse Co. using a perpetual imentory system. Intlude margin explanations for the changes in revenues and expenses. (Enter negotive amounts using either a negative sian preceding the number es. -45 or parentheses es. (45) Prepare a tabular summary to record the transactions listed above for Wildhorse Co. using a perpetual inventory system. Include margin explanations for the chanpes in revenues and expenses. (Enter negotlve amounts using either a negative sign precedling the number es. -45 or parentheses es (45).) Prepare a tabular summary to record the transactions listed above for Wildhorse Co. using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (Enter negotive amounts using either a negative sign preceding the number es. -45 or parentheses eg. (45).)

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