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Question 5 of 10 > View Policies Current Attempt in Progress The following transactions are for Windsor Company. -/1 E 1 1. On December
Question 5 of 10 > View Policies Current Attempt in Progress The following transactions are for Windsor Company. -/1 E 1 1. On December 3, Windsor Company sold $491,200 of merchandise to Wildhorse Co., on account, terms 3/10, n/30. The cost of the merchandise sold was $322,800. 2. On December 8, Wildhorse Co. was granted an allowance of $24,400 for merchandise purchased on December 3. 3. On December 13, Windsor Company received the balance due from Wildhorse Co. (a) Prepare the journal entries to record these transactions on the books of Windsor Company. Windsor uses a perpetual inventory system. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) No. Date Account Titles and Explanation 1. Debit Credit
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