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Your answer is correct. Prepare separate entries for each transaction on the books of Windsor Company. (If no entry is required, select No Entry for

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Your answer is correct. Prepare separate entries for each transaction on the books of Windsor Company. (If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit ne 10 Inventory 7,000 Accounts Payable 7.000 ine 11 Inventory 430 Cash 430 une 12 Accounts Payable 300 Inventory 300 une 19 Accounts Payable 6,700 Inventory 201 Cash 6.499 Prepare separate entries for each transaction for Wildhorse Company. The merchandise purchased by Windsor on June 10 cost Wildhorse $2,180, and the goods returned cost Wildhorse $200. (If no entry is required, select "No entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit (To record credit sale) I (To record cost of goods sold) (To record cost of goods sold) (To record credit sale) I (To record cost of goods returned) On June 10, Windsor Company purchased $7,000 of merchandise from Wildhorse Company, on account, terms 3/10,n/30. Win pays the freight costs of $430 on June 11. Goods totaling $300 are returned to Wildhorse for credit on June 12. On June 19, Wi Company pays Wildhorse Company in full, less the purchase discount. Both companies use a perpetual inventory system (a ) Your answer is correct. Prepare separate entries for each transaction on the books of Windsor Company. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit une 10 Inventory 7,000 Accounts Payable 7.000 me 11 Inventory 430 Cash 430 ne UA

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