1. The following transactions are for Blossom Company. On December 3, Blossom Company sold $521,000 of merchandise to Sunland Co, on account terms 3/10,n30. The cost of the merchandise sold was $334.400. 2 On December 8, Sunland Co. was granted an allowance of $30.700 for merchandise purchased on December 3. 3 n December 13, Blossom Company received the balance due from Sunland Ca. Prepare the journal entries to record these transactions on the books of Blossom Company using a perpetual inventory system. (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) No. Date Account Titles and Explanation Debit C 1. To record credit sale) To record cost of merchandise sold) Prepare the journal entries to record these transactions on the books of Blossom Company using a perpetual inventory system Credit account titles are automatically indented when amount is entered. Do not indent manually if no entry is required, select "No Entry for the accountities and enter for the amounts) Account Titles and Explanation Debit Credit (To record credit sale) (To record cost of merchandise sold) >