On March $2,$ Wildhorse Co$.$ sold $$824,000$ of merchandise on account to Bridgeport Company, terms $\frac{4}{10},\frac{n}{30}.$ The cost of the merchandise sold was $$560,000.($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

$($To record credit sale$)$

$($To record cost of merchandise sold$)$