portantes On May 1. Wildhorse Co. sold merchandise on account to Kaneva Inc for $42.000, terms 2/10, 1/30. Ignore any entries that affect inventory.cost of poods sold, and refund liability for the purposes of this question. (Credit account titles are automatically indented when the amount is entered. Do not inden ma n o aby required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit May 1 (To record sale on account.) e Textbook and Media List of Accounts On June 30, Wildhorse Co. charged Kaneva Inc. one month's interest for the overdue account. Wildhorse charges 10% on overdue accounts. Endit accattice automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account dies and enter of the units Date Account Titles and Explanation Debit Credit June 30 (To record interest earned) On July 5, Kaneva paid the amount owing to Wildhorse Co. (Credit account titles are automatically indented when the amount is entered. Donendent manalo entry is required, select "No Entry for the account titles and enter for the amounts) Date Account Titles and Explanation Debit Credit July 5 (Collection on account)