The following transactions are for Pharoah Company. 1. 2. 3. On December 3, Pharoah Company sold $548,600 of merchandise to Wildhorse Co., on account, terms 2/10, n/30. The cost of the merchandise sold was $376,800. On December 8, Wildhorse Co. was granted an allowance of $27,900 for merchandise purchased on December 3. On December 13, Pharoah Company received the balance due from Wildhorse Co. Prepare the journal entries to record these transactions on the books of Pharoah Company using a perpetual inventory system. (Credit account titles are automatically indented when amo nt is entered. Do not indent manu If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) No. 1. Date Account Titles and Explanation ; (To record credit sale) Debit Credit SUPP

The following transactions are for Pharoah Company. 1. On December 3, Pharoah Company sold $548,600 of merchandise to Wildhorse C0, on account, terms 2/20,n/30, The cost of the merchandise sold was $376,800. 2. On December 8, Wildhorse Co. was granted an allowance of $27,900 for merchandise purchased on December 3 . 3. On December 13, Pharoah Company received the balance due from Wildhorse Co. Prepare the journal entries to record these transactions on the books of Pharoah Company using a perpetual inventory system. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tittes and enter 0 for the amounts