Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) (a) (b) (c) 4 On March 2, Wildhorse Company sold $854,200 of merchandise to Windsor Company on account, terms 2/10, n/30. The cost of the merchandise sold was $517,800. On March 6, Windsor Company returned $109,800 of the merchandise purchased on March 2. The cost of the merchandise returned was $66,800. On March 12, Wildhorse Company received the balance due from Windsor Company.

Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system, if no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit occount titles are outomatically indented when amount is entered. Do not indent manually. Record joumal entries in the order presented in the problem. List all debit entries before credit entries.) (a) On March 2, Wildhorse Company sold $854,200 of merchandise to Windsor Company on account, terms 2/10, n/30. The cost of the merchandise sold was $517,800. (b) On March 6, Windsor Company returned $109,800 of the merchandise purchased on March 2. The cost of the merchandise returned was $66,800. (c) On March 12, Wildhorse Company received the balance due from Windsor Company. Date Account Titles and Explanation Debit Credit March2 (To regord sale of merchandise on account) March 6 (To record cost of goods sold) March 12 (To record retum of merchandise) (To record cost of goods returned)