On May 18, Wildhorse Company sells $820 of merchandise on account with a cost of $460 to Windsor Supply. Prepare the entries for Wildhorse Company to record the sale. (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. List all debit entries before credit entries.) Date Account Titles and Explanation May 18 (To record the sales revenue.) I Debit Credit
On May 18, Wildhorse Company sells $820 of merchandise on account with a cost of $460 to Windsor Supply. Prepare the entries for Wildhorse Company to record the sale. (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. List all debit entries before credit entries.) Date Account Titles and Explanation May 18 (To record the sales revenue.) I Debit Credit
Chapter5: Operating Activities: Purchases And Cash Payments
Section: Chapter Questions
Problem 1M
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![On May 18, Wildhorse Company sells $820 of merchandise on account with a cost of $460 to Windsor Supply.
Prepare the entries for Wildhorse Company to record the sale. (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. List all debit
entries before credit entries.)
Date Account Titles and Explanation
Debit
Credit
May 18
(To record the sales revenue.)
I](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc66a2c5c-c3c5-4180-8d8b-d17124d52514%2F48058d36-092d-4ac4-884c-41f10bdc2cf2%2Fejxyrv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:On May 18, Wildhorse Company sells $820 of merchandise on account with a cost of $460 to Windsor Supply.
Prepare the entries for Wildhorse Company to record the sale. (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. List all debit
entries before credit entries.)
Date Account Titles and Explanation
Debit
Credit
May 18
(To record the sales revenue.)
I
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