Question 1 of 7 0.151 On October 1,2025, Wildhorse sold one of its...
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Question of On October Wildhorse sold one of its super deluxe combination gascharcoal grills to a local builder. The builder plans to install it in one of its "Parade of Homes" houses. Wildhorse accepted a year, zerointerestbearing note with face amount of $ The grill has an inventory cost of $ An interest rate of is an appropriate market rate of interest for this customer. Prepare the journal entries on October and December Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the amounts. Round present value factor calculations to decimal places, eg and the final answer to decimal places eg List all debit entries before credit entries. Record journal entries in the order presented in the problem. Date Account Titles and Explanation Accounts Receivable To record sales t c Debit Credit 
Question of
On October Wildhorse sold one of its super deluxe combination gascharcoal grills to a local builder. The builder plans to install it in one of its "Parade of Homes" houses. Wildhorse accepted a year, zerointerestbearing note with face amount of $ The grill has an inventory cost of $ An interest rate of is an appropriate market rate of interest for this customer. Prepare the journal entries on October and December Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select No entry" for the account titles and enter for the amounts. Round present value factor calculations to decimal places, eg and the final answer to decimal places eg List all debit entries before credit entries. Record journal entries in the order presented in the problem.
Date Account Titles and Explanation
Accounts Receivable
To record sales
t
c
Debit
Credit
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