1. 

Post the transactions to the Merchandise Inventory account. Compare the total in this account with the total of the cash paid during March by Wildhorse for the purchase of inventory. (Note: Assume there were no sales of inventory in March.) (Post entries in the order of journal entries presented in the previous part.) Post the transactions to the Merchandise Inventory account. Compare the total in this account with the total of the cash paid during March by Wildhorse for the purchase of inventory. (Note: Assume there were no sales of inventory in March.) (Post entries in the order of journal entries presented in the previous part.)