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S 8.100 of merchandise from Sandhill Company, terms 2/10,n/30. wildhorse Company pays the freight costs of $ 360 on June 11. Goods totaling $ 200

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S 8.100 of merchandise from Sandhill Company, terms 2/10,n/30. wildhorse Company pays the freight costs of $ 360 on June 11. Goods totaling $ 200 are returned to Sandhill Company for credit on June 12 On June 19, Wildhorse Company pays Sandhill Company In full, less the purchase discount.Both companies use a perpetual Inventory system Prepare separate entries for each transaction on the books of Wildhorse Company.(If no entry is required, select "No E titles are automaticelly indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem) ntry for the account titles and enter 0 for the amounts. Credit account Date Account Titles and Explanation Debit Credit Merchandise Inventory 8100 Accounts Payable 8100 June 11 360 Cash 360 June 12 t Accounts Payable 200 200 Accounts Payable 900 158 Cash 7742 List of Accounts

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