Blossom Inc. began work on a $7,500,000 non-cancellable contract in 2023 to construct an office building. During 2023, Blossom incurred costs of $1,040,000, billed its customers for $1,100,000 (non-refundable), and collected $800,000. At December 31,2023 , the estimated future costs to complete the project totalled $2,960,000. Prepare Blossom's 2023 journal entries using the percentage-of-completion method. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List all debit entries before credit List of Accounts Assistance Used Accounts Payable Accounts Receivable Advertising Expense Allowance for Doubtful Accounts Allowance for Sales Returns and Allowances Billings on Construction in Process Cash Commission Expense Commission Revenue Compensation Expense Consignment Sales Construction Expenses Construction in Process Contract Asset/Liability Cost of Goods Sold Estimated Inventory Returns Finished Goods Inventory Interest Expense Interest Income Interest Payable Interest Receivable Inventory Inventory on Consignment Loss from Long-Term Contracts Materials, Cash, Payables Miscellaneous Expense No Entry Notes Receivable Office Expense Refund Liability Rent Revenue Returned Inventory Revenue from Consignment Sales Revenue from Long-Term Contracts Sales Discounts Sales Discounts Forfeited Sales Returns and Allowances Sales Revenue Service Revenue Unearned Rent Revenue Unearned Revenue Utilities Expense Warranty Expense Warranty Liability Warranty Revenue