Wildhorse Company purchased merchandise on account from Office Suppliers for $69,000, with terms of 1/10,n/30. During the discount period, Wildhorse returned some merchandise and paid $58,212 as payment in full. Wildhorse uses a perpetual inventory system. Prepare the journal entries that Wildhorse Company made to record the: (1) (2) (3) purchase of merchandise. return of merchandise payment on account (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Debit Credit No. Account Titles and Explanation (1) (2) (3) Save for Later Attempts: 0 of 1 used Submit