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Weygandt, Accounting Principles, 13e le System Announcements Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Wildhorse

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Weygandt, Accounting Principles, 13e le System Announcements Brief Exercise 5-04 a-c (Part Level Submission) Prepare the journal entries to record the following transactions on Wildhorse Company's books using a perpetual inventory system. (a) On March 2, Wildhorse Company sold $932,000 of merchandise on account to Novak Company, terms 4/10, n/30. The cost of the merchandise sold was $527,000. (Credit accou Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) Click if you would like to Show Work for this question: Open Show SHOW LIST OF ACCOUNTS (b) The parts of this question must be completed in order. This part will be available when you complete the part above. The parts of this question must be completed in order. This part will be available when you complete the part above. (a) On March 2, Wildhorse Company sold $932,000 of merchandise on account to Novak Company, Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT

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