Blossom Company follows ASPE. It transfers $ 370,000 of its accounts receivable to an independent trust in a securitization transaction on July 11, 2020, receiving 95% of the receivables balance as proceeds. Blossom will continue to manage the customer accounts, including their collection. Blossom estimates this obligation has a liability value of $ 13,300. In addition, the agreement includes a recourse provision with an estimated value of $ 9,000. The transaction is to be recorded as a sale. (a) Prepare the journal entry on July 11, 2020. for Blossom Company to record the securitization of the receivables. (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.) Account Titles and Explanation Debit Credit