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oh this the first part Prepare separate entries for each transaction for Bridgeport Company. The merchandise purchased by Wildhorse on June 10 had cost Bridgeport

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Prepare separate entries for each transaction for Bridgeport Company. The merchandise purchased by Wildhorse on June 10 had cost Bridgeport \$5, 100. (Credit account titles are automatically indented when omount 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 joumal entries in the order presented in the problem.) Question 1 of 3 13 (To record merchandise returned) (To record cost of merchandise returned) On June 10, Wiidhorse Co. purchased $6,700 of merchandise on account from Bridgeport Company, FOB shipping point, terms 1/10, n/30. Wildhorse pays the freight costs of $510 on June 11 . Damaged goods totaling $500 are returned to Bridgeport for credit on June 12. The fair value of these goods is $80. On June 19, Wildhorse pays Bridgeport Company in full, less the purchase discount. Both companies use a perpetual inventory system

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