The following transactions are for Wildhorse Company. 1. On December 3, wildhorse Company sold $461,100 of merchandise to Carla Vista Co., terms 2/10, n/30. The cost of the 2. On December 8, Carla Vista Co. was granted an allowance of $25,300 for merchandise purchased on December 3. merchandise sold was $327,900. 3. On December 13, Wildhorse Company received the balance due from Carla Vista Co Prepare the journal entries to record these transactions on the books of Wildhorse Company. Wildhorse Company 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.) No. Date Account Titles and Explanation Debit Credit 1. To record credit sale) To record cost of merchandise sold) 2. 3. Dec. 13 Assume that Wildhorse Company received the balance due from Carla Vista Co. on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2. (Ino entry is required, select-N Entry, for he account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit