Use a tabular summary to record the following transactions for Carla Vista Co. using a perpetual inventory system. Include margin explanations for the changes in revenues and expenses. (a) On March 2, Carla Vista Co. sold $768,000 of merchandise to Wildhorse Co. on account. The cost of the merchandise sold was $518,400. (b) On March 6, Wildhorse Co. returned $134,400 of the merchandise purchased on March 2. The cost of the merchandise returned was $90,240. (c) On March 12, Carla Vista Co. received the balance due from Wildhorse Co.. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Assets Liabilities Cash Accts. Rec. Inv. Accts. Pay. Common Stock Rev. a) Mar. 2 $ b) 6 12 Stockholders' Equity Retained Earnings Exp. Sales returns & allowances Bad debt expense Accounts receivable Sales revenue Cost of goods sold