Blossom Company has been having d uty obtaining hayaw materials for its manufacturing process. The company therefore signed long-term cancelable purchase comment with its largest w JO, 2020, at an agreed price of $363.400. At December 31, 2020, the raw material had declined in price to 5350430 What entry would you make on December 31, 2020, to recognize these facts? (Credit accountities are automatically indented when amount is entered. De m indent manus o m a n be Date Account Titles and Explanation Debit Question Attempts of used WE FOR LAR S ET