Current Attempt in Progress Wildhorse Publishing Co. publishes college and university textbooks that are sold to bookstores on the following terms. Each title has a foxed wholesale price, terms fo.b. shipping point, and payment is due 60 days after shipment. The retaller may return a maximum of 30% of an order at the retailer's expense. Sales are made only to retailers who have good credit ratings. Past experience indicates that pany follows IFRS to search (c) On August 8, 2023, Wildhorse shipped books invoiced at $36,000,000 (cost $28.800,000). Prepare the journal entry to record this transaction, including the expected returns. (Credit account titles ore 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 List all debit entries before credit entries.) Date August 8 2023 Account Titles and Explanation (To record sale on account) W POA Debit o Credit ENT UN (d) August 8, 2023 on account) (To record cost of goods sold) eTextbook and Media List of Accounts Save for Later Attempts: 0 of 5 used Submit Answer ENG