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Wildhorse Corp. uses a perpetual inventory system. The company had the following inventory transactions in April: April 3 Purchased merchandise from Marigold Ltd. for $36,400,
Wildhorse Corp. uses a perpetual inventory system. The company had the following inventory transactions in April: April 3 Purchased merchandise from Marigold Ltd. for $36,400, terms n/30, FOB shipping point. 6 The appropriate company paid freight costs of $910 on the merchandise purchased on April 3. 7 Purchased supplies on account for $6,500. 8 Returned merchandise to Marigold and received a credit of $4,550. The merchandise was returned to inventory for future resale. 30 Paid the amount due to Marigold in full. Record the transactions in the books of Marigold. (List all dehit entries before credit entries. Credit account titles are automaticallv indented
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