Prepare the journal entry for the following.

(1)		Oct. 17 sale. The merchandise sold had a cost of $3,710.
(2)		Oct. 23 sales return. The merchandise returned had a cost of $160.
(3)		Oct. 28 collection.

Question 1 View Policies Current Attempt in Progress Wildhorse Company completed the following transactions in October: Wildhorse uses a perpetual inventory system. Credit Sales Sales Returns Date Amount Terms Date Amount Date of Collection Oct. 3 $900 2/10, n/30 Oct. 8 Oct. 11 1,400 3/10, n/30 Oct. 14 $400 Oct. 16 Oct. 17 5,300 1/10, n/30 Oct. 20 1,380 Oct. 29 Oct. 21 1,700 2/10, n/30 Oct. 23 450 Oct. 27 Oct. 23 6,300 2/10, n/30 Oct. 27 650 Oct. 28 Indicate the cash received for each collection. Show your calculations. Date of Collection Indicate the cash received for each collection. Show your calculations. Date of Collection Oct. 8 Oct. 16 $ Oct. 29 Oct. 27 Oct. 28 $ $ Prepare the journal entry for the following. (1) Oct. 17 sale. The merchandise sold had a cost of $3,710