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Date Account Titles and Explanation Debit Credit Aco: 3: (To record credit sale) (To record cost of merchandise sold) (To record return of goods) (To

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Date Account Titles and Explanation Debit Credit Aco: 3: (To record credit sale) (To record cost of merchandise sold) (To record return of goods) (To record cost of merchandise returned) eTextbook and Media List of Accounts Suvifor Later Last saved 3 hours ago. Attempts: 0 of 3 used 5aved work will be auto-submitted on the due date. Autosubmission can take up to 10 minutes. Wildhorse Corp. uses a perpetual inwentory system. The company had the following inventory transictions in April: April 3 Purchased merchandise from $ wifty ttd for $34,160, terms N/30, FOB shipping point. 6 The appropriate compary poid freight costs of $854 on the merchandise purchased on April 3. 7 Purchased supplies on account for $6,100. 8. Returned merchandise to Swifty and received a credit of $4,270. The merchandise was returned to inventory for future resale. 30 Paid the amount due to Swifty in full. Additional information: 1. The cost of the merchandise sold on April 3 was $23,180.5 wifty expected a return rate of 15% 2. The cost of the merchandise returned on April 8 was $2.806 3. Swity uses a perpetual inventory system. Record the transactions in the books of Swifty. (List all debit entries before credit entries. Credit account titles are 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. Record journal entries in the order presented in the problem.)

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