Builder Ul App X NWP Assessment Player Ul Appl education.wiley.com/was/ui/v2/assessment-player/indexhtml?launchid-1dad2ff0-59eb-45bb-9c39-d05fe1a540ee/question/1 Ignment 1 Question 2 of 6 View Policies Current Attempt in Progress The following transactions are for Wildhorse Company. 1. 2. -/2 1 On December 3, Wildhorse Company sold $650,000 of merchandise to Blossom Co. on account. The cost of the merchandise sold was $429,000. On December 8, Blossom Co. returned $32,500 of merchandise purchased on December 3. The cost of the goods was $20,800. 3. On December 13, Wildhorse Company received the balance due from Blossom Co. Liabi Prepare a tabular summary to record these transactions for Wildhorse Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses e.g. (45).) Date Cash arch i O Assets Accts. Rec. Inventory Act Pa 79F Mostly cloudy Question 2 of 6 < > amounts using either a negative sign preceding the number eg-45 or parentheses eg. (45)) -12 E here to search Date Cash Dec. 3 13 eTextbook and Media Assets Liabi Accts. Rec. Inventory Ac Pa $ DELL 79F Mostly cloudy ment 1 Question 2 of 6 < amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45).) o search Liabilities. /question/ Accts. Pay. Common Stock Rev. $ $ eTextbook and Media: 0 0 c -/2 E Stockholders' Equity Retained E Exp. 79F Mostly bluudy Assignment 1 Question 2 of 6 < > amounts using either a negative sign preceding the number eg.-45 or parentheses eg. (45)) $ here to search Common Stock eTextbook and Media $ 17 Rev. Stockholders' Equity Retained Earnings DELL Exp. -/2E 79F Mostly Thou 6 mer a negative sign preceding the number eg.-45 or parentheses eg. (45).) Stockholders' Equity Retained Earnings Stock + Rev. $ and Media O fr Exp. -/2E1 Sales revenue Accounts recievable Sales returns & allowances Cost of goods sold Bad debt expense 79F Mostly cloudy