Current Attempt in Progress On June 3, 2025, Wildhorse Company sold to Ann Mount merchandise having...

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Current Attempt in Progress On June 3, 2025, Wildhorse Company sold to Ann Mount merchandise having a sales price of $8,500 (cost $7,650) with terms of n/60, to.b. shipping point. Wildhorse estimates that merchandise with a sales value of $850 will be returned. An invoice totaling $100 was received by Mount on June 8 from Olympic Transport Service for the freight cost. Upon receipt of the goods, on June 8, Mount - returned to Wildhorse $300 of merchandise containing flaws. Wildhorse estimates the returned items are expected to be resold at a profit. The freight on the returned merchandise was $22, paid by Wildhorse on June 8. On July 16, the company received a check for the balance due from Mount Prepare journal entries for Wildhorse Company to record all the events in June and July. (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 O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation (To record sales). (To record cost of goods sold) Debit Credit (To record sales returns) (To record cost of goods returned) (To record the freight cost) Current Attempt in Progress On June 3, 2025, Wildhorse Company sold to Ann Mount merchandise having a sales price of $8,500 (cost $7,650) with terms of n/60, to.b. shipping point. Wildhorse estimates that merchandise with a sales value of $850 will be returned. An invoice totaling $100 was received by Mount on June 8 from Olympic Transport Service for the freight cost. Upon receipt of the goods, on June 8, Mount - returned to Wildhorse $300 of merchandise containing flaws. Wildhorse estimates the returned items are expected to be resold at a profit. The freight on the returned merchandise was $22, paid by Wildhorse on June 8. On July 16, the company received a check for the balance due from Mount Prepare journal entries for Wildhorse Company to record all the events in June and July. (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 O for the amounts. List all debit entries before credit entries. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation (To record sales). (To record cost of goods sold) Debit Credit (To record sales returns) (To record cost of goods returned) (To record the freight cost)