Blossom distributes sultcases to retali stores and extends credit terms of 1/10, 130 to all of its customers. At the end of June. Blossom's imventory consisted of sultcases costing 1,600. During the month of July, the following merchandising transactions occurred. July 1 Purchased sultcases on account for 1,600 from TrurheManufacturers, FOB destination, terms 2/10,n/30, The appropriate party also made a cash payment of 120 for frelght on this date. 9 Pald Trunk Manufacturers in full. 12. Recelved payment in full from Satchel World. 17. Sold suitcases on account to Lady Goco for 1.700. Me cost of the suitcases sold was 960. 18 Purchased suitcases on account for 22,000 from Holiday Manufacturers. FOB shipping point, ferms 1/10, na30. The appropriate party also made a cash payment of E130 for freight on this date. 20 Recelved f270 credit (including freight) for soltcases returned to Holiday Manufacturers. 21 Recelved payment in full from Lady GoGa: 22 Sold sultcases on acoount to Vagabend for f3,000. The cost of sultcases sold was f1,100. 30 Paid Holeday Manufacturers in full. 31 Granted Vagabond f 220 credit for suitcrses returned costing 1110. Blossom's chart of accounts indudes the following: No. 101 Cash, No. 112 Accounts Recelvable, No. 120 tnventory. No. 201 Accounts Payable, No, 401 Sales Revenue, No.412 Sales Returns and Alowances, No, 414 Sales Discounts, and Na S0S Cost of Goods Sold. Journalize the transactions for the month of July for Blossom using a perpetibl inventory system. FCredit account ticles ere cutomatlaally indented when amount is entered. Do not indent mancally. Recovd journal entries in the order presented in the problent if no entry is required, select "No Entry" for the occount tiles and enter 0 for the amounts) Question 1 of 2 Date Account Iitles and Explanation Debit Crealit (To record credit sale) (To record cost of merchandise sold) Question 1 of 2 (To record credit sale) (To record cost of merchandise sold) (To record purchase of suitcises) (To record freight paid) Question 1 of 2 (To record credit sale) (Jo record cost of merchandise sold) (To recoid merchandise returned) (To record cost of merchandise returned) efrectbook and Media