(a) Your answer is correct. On March 2, Blossom Company sold $801,000 of merchandise on account to Ayayai Company, terms 2/10,n/30. The cost of the merchandise sold was $521,000. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Credit Accounts Receivable 801,000 Debit 801,000 Sales Revenue (To record credit sale) Cost of Goods Sold 521,000 Inventory 521,000 (To record cost of merchandise sold) Click if you would like to Show Work for this question: Open Show Work (b) On March 6. Ayayai Company returned $80,100 of the merchandise purchased on March 2. The cost of the returned merchandise was $52,100. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit (To record merchandise returned) (To record cost of merchandise returned)