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Additional Problem 16 On February 10, 2018 Wildhorse Industries purchased goods for $22,500 with terms 2/10, net 30. On February 17, 2018 Wildhorse paid $15,900

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Additional Problem 16 On February 10, 2018 Wildhorse Industries purchased goods for $22,500 with terms 2/10, net 30. On February 17, 2018 Wildhorse paid $15,900 of this amount and the remaining $6,600 on February 25, 2018. Prepare the appropriate journal entries using the gross method and assuming Wildhorse uses a periodic inventory system. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Account Titles and Explanation Debit Credit Feb. 10/18 # Feb. 17/18 Feb. 25/18

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