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Presented here are selected transactions for the Wildhorse Pet Supply Company during April. Wildhorse Pet Supply uses the perpetual inventory system. Aprii 1 Sold merchandise

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Presented here are selected transactions for the Wildhorse Pet Supply Company during April. Wildhorse Pet Supply uses the perpetual inventory system. Aprii 1 Sold merchandise to Pet Shop Company for $5,700, terms 2/10,n/30. The merchandise sold had a cost of $2,600. 2 Purchased merchandise from Wild Corporation for $8,000, terms 1/10,n/30. 4 Purchased merchandise from Ryan Company for $1,000,n/30. 10 Received payment from Pet Shop Company for purchase of April 1 less appropriate discount. 11 Paid Wild Corporation for April 2 purchase. entered. Do not indent manually. Record journal entries in the order presented in the problem. List all debit entries before credit entries. Date Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of goods sold)

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