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CALCULATOR TER B ACK NEXT Presented below are transactions related to Blossom Company 1 FOB ping pont. The 2 On December Bom Company od 700
CALCULATOR TER B ACK NEXT Presented below are transactions related to Blossom Company 1 FOB ping pont. The 2 On December Bom Company od 700 of merchandise on top o m 40 cost of the merchandise sowas 391.300 On December Spisho was granted allowance of 128.000 for merchandise purchased on December On December 1, Blossom Company received the balance due from Splisho Prepare the journal entries to record these transactions on the books of Blossom Company using a perpetual inventory system. (Credit account titles are automatically indented when 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.) Ne Date Acousties and Explanation To record credit sale) To record cost of merchandise sold) TORE VIDEO APPLIED SKILLS Assume that Blossom Company received the balance due from Splish Co., on January 2 of the following year instead of December 13. Prepare the journal entry to record the receipt of payment on January 2. (Credit account titles are automatically indented when 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.) Date Account is und Explanation Debit Credit Click Il you would like to show Work for this question: Ben Show Work
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