Current Attempt in Progress Prepare the journal entries to record the following transactions on Wildhorse Co.'s books using a perpetual inventory system On March 2, Wildhorse Co. sold $824,000 of merchandise on account to Bridgeport Company, terms 4/10,n/30. The cost of the merchandise sold was $560,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Account Titles and Explanation Debit Credit Accounts Receivable 824,000 824,000 Sales Discounts (To record credit sale) Accounts Receivable 791,040 791,040 Sales Revenue (To record cost of merchandise sold) eTextbook and Media List of Accounts On March 6, Bridgeport Company returned $82,400 of the merchandise purchased on March 2. The cost of the returned merchandise was $56,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit (To record merchandise returned) (To record cost of merchandise returned) eTextbook and Media List of Accounts On March 12, Wildhorse Co. received the balance due from Bridgeport Company. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts