Wildhorse Ltd.'s Ltd's statement of financial position at December 31, 2024, is presented below. During January 2025 , the following transactions occurred. Wildhorse uses the perpetual inventory method. Jan. 1 Wildhorse accepted a 4-month, 8% note from Merando Company in payment of Merando's 4,200 account. 3 Wildhorse wrote off as uncollectible the accounts of Inwood Corporation ( 500) and Goza Company ( 100). 8 Wildhorse purchased 18,600 of inventory on account. 11 Wildhorse sold for 25,600 on account inventory that cost 17,200. 15 Wildhorse sold inventory that cost 700 to Mark Lauber for 1,500. Lauber charged this amount on his Visa First Bank card. The service fee charged Wildhorse by First Bank is 3%. 17 Wildhorse collected 21,900 from customers on account. 21 Wildhorse paid 16,400 on accounts payable. 24 Wildhorse received payment in full (100) from Goza on the account written off on January 3. 27 Wildhorse purchased supplies for 1,450 cash. 31 Wildhorse paid other operating expenses, 3,400. Adjustment data: 1. Interest is recorded for the month on the note from January 1. 2. Bad debts are expected to be 6% of the January 31,2025 , accounts receivable. 3. A count of supplies on January 31,2025 , reveals that 600 remains unused. Prepare journal entries for the above transactions and the adjusting entries. (Include entries for cost of goods sold using the perpetual system.) (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit en