Brief Exercise 5-05 Your awer is partially correct. Thyagan Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not Indent manually. Record journal entries in the order presented in the ) On March 2, Windsor Company sold $854,200 of merchandise to Widhorse Company on account, terms 2/10, /30. The cost of the merchandise sold was $517,800. (D) On March 6, Wildhorse Company returned $109,806 of the merchandise purchased on March 2. The cost of the merchandise returned was $66,000 (On March 12, Windsor Company received the balance due from Wildhorse Company Account Titles and Explanation Debit Cred Marth? Accounts Receivable 854200 No. Date () Sales Revenue 554200 (0) Harl Cost of Goods Sold 100800 Inventory 1980 (o March 12 cm 729512 Sales Discounts LAB