Prepare Wildhorse's journal entries to record the $86,000 of actual returns on October 10, 2023. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.) Lit Gradit

On July 10, 2023, Wildhorse Ltd. sold GPS systems to retailers on account for a selling price of $1,020,000 (cost $816,000). Wildhorse grants the right to return systems that do not sell in three months following delivery. Past experience indicates that the normal return rate is 15%. By October 11, 2023, following the collection on account, retailers returned systems credits of $86,000. The company follows IFRS. to Wildhorse and were granted