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Current Attempt in Progress Prepare the journal entries to record the following transactions on Wildhorse Cois books using a perpetual inventory system. (if no entry

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Current Attempt in Progress Prepare the journal entries to record the following transactions on Wildhorse Cois 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 problem.) (a) on March 2, Wildhorse Co. sold $947.600 of merchandise to Sandhill Co. terms 3/10, 30. The cost of the merchandise sold was $534.200 (b) On March 6, Sandhill Co. returned $105,700 of the merchandise purchased on March 2. The cost of the merchandise returned was $68,600 Id On March 12. Wildhorse Co. received the balance due from Sandhill Co. No. Date Account Titles and Explanation Credit March 2 March 6 (To record sale of merchandise) March 12 (To record return of merchandise) (To record return of merchandise) (c) March 12 Uldiul viewer List of Accounts Accounts Payable Accounts Receivable Accumulated Depreciation-Buildings Accumulated Depreciation-Equipment Administrative Expenses Advertising Expense Amortization Expense Buildings Cash Common Stock Cost of Goods Sold Depreciation Expense Dividends Equipment Freight-In Freight-Out Gain on Disposal of Plant Assets Income Tax Expense Income Taxes Payable Insurance Expense Interest Expense Interest Payable Interest Revenue Inventory Land Loss on Disposal of Plant Assets Maintenance and Repairs Expense Mortgage Payable No Entry Notes Payable Prepaid Insurance Purchase Discounts Purchase Returns and Allowances Purchases Rent Expense Rent Revenue Research and Development Expense Retained Earnings Salaries and Wages Expense Salaries and Wages Payable Sales Discounts Sales Returns and Allowances Sales Revenue Supplies Supplies Expense Unearned Service Revenue Utilities Expense Website

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