The following transactions are for Wildhorse Company. 1. On December 3, Wildhorse Company sold $514,300 of merchandise to Blossom Co., on account, terms 2/10, n/30. The cost of the merchandise sold was $339,300. 2 On December 8, Blossom Co. was granted an allowance of $26,500 for merchandise purchased on December 3. 3. On December 13, Wildhorse Company received the balance due from Blossom Co. Prepare the journal entries to record these transactions on the books of Wildhorse 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 titles and enter O for the amounts.) No. Date Account Titles and Explanation 1. (To record credit sale) 2. (To record cost of merchandise sold) 3. Debit Cred