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Presented below are selected transactions of Wildhorse Company. Wildhorse sells in large quantities to other companies and also sells its product in a small retail
Presented below are selected transactions of Wildhorse Company. Wildhorse sells in large quantities to other companies and also sells its product in a small retail outlet March 1 Sold merchandise on account to Dodson Company for $7.000, terms 2/10,n/30. 3 Dodion Company returned merchandise worth $100 to Wildhorse. 9 Wildhorse collected the amount due from Dodson Company from the March 1 sale. 15 Wildhorse sold merchandise for $375 in its retail outlet. The customer used his Wilchorse credit card. 31 Wildhorse added 1.60\% monthly interest to the customer's credit card balance. Assess a full month of interest. Prepare journal entries for the transactions above. (Ignore cost of goods sold entries and explarations.) (Credit account titles are outomatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the
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