Wildhorse Co. uses a perpetual irventory system and both an accounts feceivable and an accounts payable subsidiaryledger, Balances related to both the general ledger and the subsidiary ledgers for Wildhorse are indicated in the working popers presented below. Alio following are a series of transactions for Wildhorse Co. for the month of Jamary Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 60% of the sales price. Wildhorse Co. uses a perpetual irventory system and both an accounts feceivable and an accounts payable subsidiaryledger, Balances related to both the general ledger and the subsidiary ledgers for Wildhorse are indicated in the working popers presented below. Alio following are a series of transactions for Wildhorse Co. for the month of Jamary Credit sales terms are 2/10, n/30. The cost of all merchandise sold was 60% of the sales price