LUSSA Is Weyandt, Accounting Principles, 13e Brief Bercise 5-04a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual invertory system. O Your answer is correct. d 2. Wildhore Company sold 1932,000 of merchandise on account to Novak Company, term Account Titles and Explanation Accounts Receivable /10, 30. The cost of the merchandise sold was 5527.000. (Credit account Sales Revenue To recorded sale) Cost of Goods Sold Inventory (Torecard cost of merchandise sold) Click if you would like to Show Work for this question: Open Show Work W LIST OF ACCOUNTS SHOW ANSWER your answer is correct. On March 6, Novak Company returned $93.200 of the merchandise purchased on Mars 2. The cost of the returned merchandise was $50,700. (Credit account hits are automatically Act ies and Explanation for this quest W LIST OF ACCOUNT NOVA company returned 93.200 of the murdha se purchased on Mardi 2. The cost of the returned merchandise was $59,700. (Credit account titles are On March 12. Wildhone come *** Comery core countles are sutomarke t ed when an (c) On March 12, Wildhorse Company received the balance due from Novak Company. (Credit account titles are automatical Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Deen Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Type here to search