Blossom Distributors is a growing company whose ability to raise capital has not been growing as quickly as its expanding assets and sales Blossom's local banker has indicated that the companv cannot increase its borrowing for the foreseeable future flossom's suppliers are demanding poyment for goods acquired within 30 days of the invoice date, but Blossom's customers are slow in paying for their purchases (60-90 days). As a result, Blossom has a cash flow problen! Biossom needs 5159,400 to cover next Friday's payroll. its balance of cutstanding accounts recelvable totals $837,500. To alleviate this cash crunch, the company selis $177,800 of its recelvables. Record the entry that Blossom would make. (Assume a 28 service charge) dist all debit entries before credit entries. Credit account titles ore outomotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tieles ond enter Ofor the amounts.) Blossom Distributors is a growing company whose ability to raise capital has not been growing as quickly as its expanding assets and sales Blossom's local banker has indicated that the companv cannot increase its borrowing for the foreseeable future flossom's suppliers are demanding poyment for goods acquired within 30 days of the invoice date, but Blossom's customers are slow in paying for their purchases (60-90 days). As a result, Blossom has a cash flow problen! Biossom needs 5159,400 to cover next Friday's payroll. its balance of cutstanding accounts recelvable totals $837,500. To alleviate this cash crunch, the company selis $177,800 of its recelvables. Record the entry that Blossom would make. (Assume a 28 service charge) dist all debit entries before credit entries. Credit account titles ore outomotically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the occount tieles ond enter Ofor the amounts.)