Question 2 of 5 -12 CUTE ugress Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system Of no entry is required, select "No Entry for the account titles and enter 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 problern.) (a) (b) On March 2, Wildhorse Company soid 5947,600 of merchandise to Windsor Company on account, terms 3/10.6/30. The cost of the merchandise sold was $534, 200. On March 6, Windsor Company returned $105,700 of the merchandise purchased on March 2 The cost of the merchandise returned was $68.600. On March 12. Wildhorse Company received the balance due from Windsor Company, c Date Account Titles and Explanation Debit Credit 947800 March 2 Accounts Receivable 497609 (To record sale of merchandise) March Cost of Goods Sold Inventory o to search O