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Brief Exercise 13-14 Blossom Corporation sells DVD players. The corporation also offers its customers that an additional 5055,000 will be spent in the future to

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Brief Exercise 13-14 Blossom Corporation sells DVD players. The corporation also offers its customers that an additional 5055,000 will be spent in the future to service the warranties 4 year warranty contract. During 2017, am sold 20,000 warranty contrast each. The corporation spent $171,000 servicing warranties dann select entry for the account tles and enter for the amount Credit accountles are Prepare Blossom's journal entry for the sale of contracts. Assume the service costs we inventory costs (ne entry is when amount is entered De not indet manually) Account Titles and Explanation Debit is required t o try for the account trees and enter for the went Credit ac Prepare Blossom's journal entry for the cost of servicing the warranties Assure the service costs ar automatically indeed when amount ofered. De m indent manual Account Tales and Explanation Round intermediate calculats to decimal places 1.35467 and finalawers to decimal pla Kacountles are automatically indented when entered. Do not unden l y ) Prepare Blossom's journal entry for the recognition of warranty revenue. Assume the service costs are entry is required select "Ne Entry for the account titles and enter for the amount Credit Account Tides and Explanation Show Work is REQUIRED for this questioni Den Shower

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