Your answer is partially correct. Try again The following transactions are for Wildhorse Company 1. 2. 3. On December 3, Wildhorse Company sold $461,100 of merchandise to Carla Vista Co. on account. The cost of the merchandise sold was $327,900 On December 8, Carla Vista Co. returned $25,300 of merchandise purchased on December 3. The cost of the goods was $16,000 On December 13, Wildhorse Company received the balance due from Carla Vista Co. Prepare a tabular summary to record these transactions for Wildhorse Company using a perpetual inventory system. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Assets Liabilities+ Stockholders' Equity Retained Earnings Cash + Accts. Rec. + Inv -Accts. Pay.+Common Stock + Rev. Exp Dec. 3 461,100 461,100 Sales revenue 133,200 327900 Cost of goods sold 25300 435800 Sales returns & allowances 16,000 Cost of goods sold 13