Wildhorse Industries purchased $$8,800$ of merchandise on February $1,2025,$ subject to a trade discount of $10\%$ and with credit terms

of $3/15,$ n$/60.$ It returned $$1,800($gross price before trade or cash discount$)$ on February $4.$ The invoice was paid on February $13.$

$($a$)$

Assuming that Wildhorse uses the perpetual method for recording merchandise transactions, record the purchase, return, and

payment using the gross method. $($If no entry is required, select $"$No entry" for the account titles and enter $0$ for the amounts. Round

answers to $2$ decimal places, e$.$g$.6,578\mathrm{.}25.$ Credit account titles are automatically indented when amount is entered. Do not indent

manually. List all debit entries before credit entries.$)$

Date

Account Titles and Explanation

Debit

Credit